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Online Casinos in general: kFkA (short question short answer) about online casinos

Topic created on 17th May. 2017 | Page: 1 of 152 | Answers: 1,511 | Views: 309,887
Daniel
Elite
Here beginners and advanced players can ask questions about Online Casinos, which will be answered promptly by us or our community.

Small quick questions of all kinds on the subject that will be solved as soon as possible.

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Daniel
Elite
Question was asked by Akaris1973: A question that has been on my mind for a while is the topic of "taxes"... how does it actually behave when you make profits abroad? Is yes eigentl




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Daniel
Elite
Winnings from gambling are tax free. You do not need to worry. It doesn't matter whether they are earned abroad or in Germany. Of course, if you were to win 500,000€ and invest the money at interest, then you would have to pay taxes on the interest income if it exceeds a certain amount


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Anonym
do the site operators know everything about you?
What you have to tell them or prove by doc 's is logical.

But can they also take screenshots of the desktop or similar?

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Daniel
Elite
Screenshots from your desktop are unlikely. Unless they install a Trojan and then every good virus program jumps on and the firewall pops up. Would be a scandal and it would probably no longer gamble in the casino. In addition, the casinos are less interested in what is on the desktop of the players ...

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Anonym
Can anyone tell me where Leo Vegas is headquartered ?

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Anonym
Fedi35
But in the Bitcoin Casino you don't have to pay tax then?

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Daniel
Elite
Fedi35 wrote on 06/28/2017 at 18:09: But in Bitcoin casino you don't have to pay tax then?

One does not have to pay any taxes on gambling winnings at all. Gambling revenue is absolutely and 100% tax free for gamblers. If you win say 2 million euros and invest the money profitably afterwards, then of course you have to pay taxes on the interest.

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FIFA17
Rookie
Daniel wrote on 28.06.2017 at 19:24
Fedi35 wrote on 06/28/2017 at 18:09: But in Bitcoin casino you don't have to pay tax then?

You don't have to pay taxes on gambling winnings at all. Gambling revenue is absolutely and 100% tax free for gamblers. If you win say 2 million euros and invest the money profitably afterwards, then of course you have to pay taxes on the interest.

kFlA - Wait Daniel - half knowledge! Playing and winning in an online casino is generally not allowed in Germany, despite EU and therefore illegal, but nothing is done at the moment against the participating players. If you are a professional Poker player and win, it is commercial and taxable. But he is talking about Bitcoins and not 2 Mio EURO - that is a big difference if you win e.g. Bitcoins worth 2 Mio Euro (which is utopian).
As far as Bitcoins are concerned, nothing is regulated. The advantage with Bitcoins and also in the casinos is first of all no Verification, because everything runs anonymously (if the Bitcoins were previously mixed by the Coinmixer anyway) and in addition free of charge. Bitcoins are also not subject to money laundering laws, e.g. (poker players with high winnings) for cash deposits over 15,000 EUR and e.g. mandatory reporting for transfers over 12,000 EUR definitely does not apply to Bitcoins.
Furthermore, everyone would be stupid at this sum in the high-tax country Germany to tax his profit Then rather the 183 days regulation and off to Malta or Ireland (better still Hong-Kong or Bali) and nicely the Bitcoins gradually on the Euro/$ account and tax there locally slightly - so it runs properly and then again BOLD gamble away in the online casino >:(exactly so runs the!!!!

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