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Bonus & offers: Tax devours cashback (Page 2)

Topic created on 12th Jun. 2023 | Page: 2 of 2 | Answers: 21 | Views: 2,510
Landeskriminalamt

Tax devours cashback

14th Jun. 2023, at 01:39 pm CEST#16
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can you not calculate you gambler or what?? if you pay 100 euros into a casino and then turn 20 times with 1 euro bet then you have paid only 20 times 5% tax. that's 20 times five cents and no more. so ONE euro tax on 20 euro turnover
you have no plan and babble here what together must learn times rehcnen
besides, this is far too little tax we need more taxes in germany!!!!

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MisterL
Expert

Tax devours cashback

15th Jun. 2023, at 04:08 am CEST#17
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Eggs we need eggs

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Gambler255

Tax devours cashback

15th Jun. 2023, at 12:43 pm CEST#18
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Landeskriminalamt wrote on 14.06.2023 at 13:39 clock: you can not calculate you gambler or what?? if you pay 100 euros in a casino and then turn 20 times with 1 euro bet then you have paid only 20 times 5% tax. that's 20 times five cents and no more. so ONE euro tax on 20 euro turnover
you have no plan and babble here what together must learn times rehcnen
besides, this is far too little tax we need more taxes in germany!!!!

I think the one who can not calculate, you are 😉 I'm not talking about 20 € convert, but 20X, so the 100 € Deposit 20X turn, speak 2,000 € turnover, you have then paid 100 € tax.

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Klempo77
Expert

Tax devours cashback

15th Jun. 2023, at 01:33 pm CEST#19
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Liked this post: Avatar von Falko Falko, Avatar von Max_Bet Max_Bet
I also do not understand the whole thing with tax. It says each spin is taxed at 5%, but what happens if I Deposit zb. 20€, then at some point I am by big hit on 500€, and I gamble, of course😊. So I have paid a lot of tax, but my deposit is still "only" 20€.
How is this actually regulated? Casino pays tax only for this 20€, or for whole thousands of spins what I have spun?

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Falko
Icon

Tax devours cashback

15th Jun. 2023, at 06:01 pm CEST#20
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Liked this post: Avatar von CashOut CashOut, Avatar von Max_Bet Max_Bet

Klempo77 wrote on 15.06.2023 at 13:33: I also do not understand the whole thing with tax. It says every spin is taxed with 5%, but what happens if I Deposit e.g. 20€, then sometime I am by big hit on 500€, and I gamble that, of course😊. So I have paid a lot of tax, but my deposit is still "only" 20€.
How is this actually regulated? Casino pays tax only for this 20€, or for whole thousands of spins what I have spun?

This is a question I have often asked myself. That would be worth an article here, where they explain it to us exactly. Exactly this point I also do not understand, if someone 20 deposited a win of 500 euros and this whole amount again completely gambles, then the tax would be even much higher than the deposit amount of 20 euros.

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Begbie
Elite

Tax devours cashback

15th Jun. 2023, at 06:27 pm CEST#21
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Every spin is taxed. Not only the spins that you could potentially make with the deposit. This is not rocket science...

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Stromberg
Legend

Tax devours cashback

15th Jun. 2023, at 07:14 pm CEST#22
1 Like

Liked this post: Avatar von Falko Falko
Falko wrote on 15.06.2023 at 18:01:

I have often asked myself this question. That would be worth an article here, where they explain it to us exactly. Exactly this point I also do not understand, if someone 20 deposits a win of 500 euros and this whole amount again completely gambles away, then the tax would be even much higher than the Deposit amount of 20 euros.

There are a few news articles here that touch on the subject...

But it is like begbie says.
That's why the payout ratios have dropped so awesome and are apparently still dropping in part....
On the other hand, you must also see that as in your example, the 500 euros just belong to the player and if he gambles this the operator is still better with the tax than when the player pays out.🤣

The low AQ are to shorten in addition to less generated wins so probably above all the playing time, so that something like in your example remains the exception.
Otherwise I think more licensed casinos would collect the tax per spin and leave the AQ as is...

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