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Online Casinos in general: amv reporting / tax office / casino - win 30000€?

Topic created on 12th Dec. 2019 | Page: 1 of 3 | Answers: 27 | Views: 13,977
MollyPoppy
Visitor

amv reporting / tax office / casino - win 30000€?

12th Dec. 2019, at 12:56 pm CET#1
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briefly in advance, I'm not sure if my question in this section is i.O.. If not please move topic or just let me know, thanks.

i just post the picture, with the question I asked on g***fra**ge.net, maybe someone can help me better here.


--

MollyPoppy

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Felixrl
Experienced

amv reporting / tax office / casino - win 30000€?

12th Dec. 2019, at 01:38 pm CET#2
1 Like

Liked this post: Avatar von MollyPoppy MollyPoppy
The problem here is that gambling (onlinecasino) is considered illegal in Germany, so logically there are no taxes for wins. If the bank should approach you and it is somehow possible, the wins should be presented as sports betting, here you are legally on the safe side. Then, however, the problem of betting tax (5% of the stake, to be paid by the operator to the state) comes to you
I would not do anything at first, the bank should actually only contact you if you withdraw a huge sum at once. Unfortunately, I can't give you any more specific advice.

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MollyPoppy
Visitor

amv reporting / tax office / casino - win 30000€?

12th Dec. 2019, at 02:00 pm CET#3
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Felixrl wrote on 12/12/2019 at 13:38: The problem here is that gambling (onlinecasino) is considered illegal in Germany, so logically there are no taxes on wins. If the bank should approach you and it is somehow possible, the wins should be presented as sports betting, here you are legally on the safe side. Then, however, the problem of betting tax (5% of the stake, to be paid by the operator to the state) comes to you
I would not do anything at first, the bank should actually only contact you if you withdraw a huge sum at once. Unfortunately, I can't give you any more specific advice.

thank you for your answer.
the first time I transferred 3000€ and 4000€ in one go to my bank account, I told my bank advisor that the money came from online casino wins. She only congratulated me and politely asked for proof. (was at the very beginning, a few weeks ago).

If someone should contact me, should I really say it comes from sports betting or from OC : slots, blackjack...
With sports betting I would have to pay as you said 5% betting tax and if I do not do that in time (I have no idea how long the deadline is) I get but surely still ne fat penalty?
-
if I say comes from slots and co..., that is legally illegal. What would happen then ? Money is confiscated ? and what would the FInanzamt say if the bank would report it.

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MollyPoppy
Visitor

amv reporting / tax office / casino - win 30000€?

12th Dec. 2019, at 02:06 pm CET#4
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and what about this amv reporting obligation ? Do you only have to report a fixed amount of 12.500€ or do 5x 2.500€ also count?

i only play on Videoslots.com, so incoming üws come from abroad

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Felixrl
Experienced

amv reporting / tax office / casino - win 30000€?

12th Dec. 2019, at 02:57 pm CET#5
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With the betting tax is actually the operator in the obligation to pay, not you. Therefore, I would do that if there is a possibility to call this
The legal consequences of illegal gambling are unclear, so far there is no verdict that a player has received a penalty because of it. The bigger problem from my point of view is that banks have often closed accounts because they don't want to have anything to do with gambling.
In the end, it is your decision how you handle this, legal consequences are actually not to be considered but with 100% certainty I can not say that either.
With the AMV I do not know myself

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MollyPoppy
Visitor

amv reporting / tax office / casino - win 30000€?

12th Dec. 2019, at 03:44 pm CET#6
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Felixrl wrote on 12/12/2019 at 14:57: With the betting tax is actually the operator in the obligation to pay, not you. That's why I would do this if there is a way to call this
The legal consequences for illegal gambling are unresolved, so far there is no judgment that a player has received a penalty because of this. The bigger problem from my point of view is that banks have often closed accounts because they do not want to have anything to do with gambling.
In the end, it is your decision how you handle this, legal consequences are actually not to be considered but with 100% certainty I can not say that either.
I do not know anything about AMV

thank you very much anyway.
if someone else knows, please give me your opinion and help.
Thanks a million

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Malganes
Top Member

amv reporting / tax office / casino - win 30000€?

12th Dec. 2019, at 04:12 pm CET#7
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I keep reading here that people are gambling from their checking account, where everything else runs through it.
And then also Volksbank and Sparkasse. Why don't you get a pure online checking account?
And why not a checking account that is only used for gambling? There are enough of them and some are even free.

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MollyPoppy
Visitor

amv reporting / tax office / casino - win 30000€?

12th Dec. 2019, at 04:35 pm CET#8
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Malganes wrote on 12/12/2019 at 16:12: I read here again and again that is gambled from the current account, where everything else also runs over.
And then also Volksbank and savings bank. Why don't you get a pure online checking account?
And why not a checking account that is only used for gambling? There are enough of them and some are even free.

i will play from now on as well as so only by means of Netteller in the OC.
Thanks for your contribution, but that does not help me

LG

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MarcT22186
Expert

amv reporting / tax office / casino - win 30000€?

12th Dec. 2019, at 05:01 pm CET#9
1 Like

Liked this post: Avatar von MollyPoppy MollyPoppy
Felixrl wrote on 12/12/2019 at 13:38: The problem here is that gambling (onlinecasino) is considered illegal in Germany, so logically there are no taxes on wins. If the bank should approach you and it is somehow possible, the wins should be presented as sports betting, here you are legally on the safe side. Then, however, the problem of betting tax (5% of the stake, to be paid by the operator to the state) comes to you
I would not do anything at first, the bank should actually only contact you if you withdraw a huge sum at once. Unfortunately, I can't give you any more specific advice.

This is such an unbelievable nonsense! If there is even a suspicion that you COULD earn your living with some kind of gambling, you always have to declare it through a tax advisor, it doesn't matter how much EZ and AZ it is. With such sums it is your DUTY to declare it and claim it back later.
When I read this huge BS here always about because does not fall or must the bettor for worry, I wonder seriously where "The Brain" Matthias and Co. remains... Oh I forgot, did sit on Malta and have as much idea of German laws, as the Pope from f**king! 😂😂😂👏👏👏👏

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Dutch78
Expert

amv reporting / tax office / casino - win 30000€?

12th Dec. 2019, at 05:24 pm CET#10
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Liked this post: Avatar von Felixrl Felixrl, Avatar von MollyPoppy MollyPoppy
MarcT22186 wrote on 12/12/2019 at 17:01
This is sooo unbelievable bullshit! If there is even a suspicion that you COULD earn your living with whatever kind of gambling, you always have to declare it through a tax advisor, it doesn't matter how much EZ and AZ it is. With such sums it is your DUTY to declare it and claim it back later.
When I read this huge BS here always about because does not fall or must the bettor for worry, I wonder seriously where "The Brain" Matthias and Co. remains... Oh I forgot, did sit on Malta and have as much idea of German laws, as the Pope from f**king! 😂😂😂👏👏👏👏

You misunderstood, of course the casino must provide for the levies of the betting tax, which is either deducted directly when betting from your stake, or from the win, depending on the provider.

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