Online Casinos in general: Stake win crypto casino (Page 6)

gamble1 wrote on 10.04.2023 at 11:34 am:
They will just ask where it came from and then send an extract from the crypto exchange with the debit should be enough

The bank is not interested in the taxes and if the tax office comes and wants to know that you can prove to them the wins

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Petersas wrote on 10.04.2023 at 11:18 am:

Why doesn't this change anything? Can't you get any problems there if I pay out e.g. 4000-5000 Euro from stake to a crypto exchange and then pay out the money from the exchange to a bank account? I would actually have to declare that in my tax return and besides stake still doesn't have a legal license and am I allowed to call stake from Germany at all? Does the bank e.g. Sparkasse there no problems, if at once 4000-5000 euro on the account load from a crypto exchange from or even if I the 4000-5000 euro distributed over a period of time piecemeal pay out e.g.. E.g. always 250 euros, the 500 euros?

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Petersas wrote on 10.04.2023 at 12:22 pm:

Fair enough, but how does the tax office get anything from this? The casino is not legal, in Germany are not then also the casino winnings illegal? Is it then not stupid to tell that you have won at stake, which is not legal in Germany?

They want to have their tax money for it or in the worst case you get a charge for tax evasion or illegal gambling

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Petersas wrote on 10.04.2023 at 12:22 pm:

Fair enough, but how does the tax office get anything from this? The casino is not legal, in Germany are not then also the casino winnings illegal? Is it then not stupid to tell that you have won at stake, which is not legal in Germany?

They want to have their tax money for it or in the worst case you get a charge for tax evasion or illegal gambling

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hustlehoff wrote on 04/10/2023 at 4:28 pm:
That's exactly how it is, you are committing a crime, knowingly. Since the casino is illegal, so are the wins and you are laundering money, there are very high penalties and money is also confiscated. It is no longer a gray area and wins from Stake are guaranteed not tax free. Probably you fly as a low - midstakes gambler still far under the radar, the Risk must each assess for themselves.

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hustlehoff wrote on 04/10/2023 at 4:28 pm:
That's exactly how it is, you are committing a crime, knowingly. Since the casino is illegal, so are the wins and you are laundering money, there are very high penalties and money is also confiscated. It is no longer a gray area and wins from Stake are guaranteed not tax free. Probably you fly as a low - midstakes gambler still far under the radar, the Risk must each assess for themselves.

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Milo1 wrote on 10.04.2023 at 18:57:

🤦🏻‍♂️

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hustlehoff wrote on 04/10/2023 at 4:28 pm:
That's exactly how it is, you are committing a crime, knowingly. Since the casino is illegal, so are the wins and you are laundering money, there are very high penalties and money is also confiscated. It is no longer a gray area and wins from Stake are guaranteed not tax free. Probably you fly as a low - midstakes gambler still far under the radar, the Risk must each assess for themselves.

This post has been translated automatically

hustlehoff wrote on 04/10/2023 at 4:28 pm:
That's exactly how it is, you are committing a crime, knowingly. Since the casino is illegal, so are the wins and you are laundering money, there are very heavy fines and money is also confiscated. It is no longer a gray area and wins from Stake are guaranteed not tax free. Probably you fly as a low - midstakes gambler still far under the radar, the Risk must each assess for themselves.

This post has been translated automatically