How To Pay A Tax On Winning In A Casino In Russia – The Rules Have Changed

Home » Gambling News » How To Pay A Tax On Winning In A Casino In Russia – The Rules Have Changed
April 7, 2022
2 minutes
86

The state duma has changed the procedure for paying tax with gambling. A few days ago, an appropriate bill was adopted.

How to pay a tax on winning in a casino in Russia - the rules have changed
Content: 1. How the tax on the winnings in bk2 is calculated. Experience of other countries: what tax is subject to winning casino of georgia

If earlier, players paid the tax from the entire amount of the win, now only the difference between the monetary prize and the amount spent in the game is taken into account.

For the formation of a document on tax liabilities, data will be analyzed for the reporting tax period provided by gambling establishments on the basis of the law on the use of cash registers. Citizens who have received a notice of the need to pay tax will have to do this until december 1 of the following year.

At the same time, according to new legislation, the casino-winnings of foreign citizens will not be recognized income from the sources of the russian federation. This decision was made to attract as much foreign tourists as possible to russian gambling zones.

This order concerns winnings in russian casinos and chairs of slot machines. How things are made with paying taxes from winning in legal bookmakers?

How the tax on the winnings in the bc is calculated

How the tax on the winnings in the BC is calculated

A little different things are dealing with the payment of tax on winning in bookmakers. First of all, the tax is subject not to every monetary remuneration, but only the one that exceeds 15 thousand rubles. Since the beginning of last year, the rules have entered into force, according to which the tax agent is considered to be the bookmaker. The administration of betting institutions will independently deduct the tax and transfers it to the state treasury.

Experience of other countries: what tax is subject to winning casino of georgia

Playing casino in other cis countries, do not forget that there will also be taxed there. In each state, this provides its own system. For example, in georgia, only the winnings that exceeds 1000 lari is taxed. The client must pay from 1 to 5% by the state from the received money remuneration. This applies to both interactive gambling clubs and ground casinos.

Earlier in the gambling zone «siberian coin» a unusual beauty contest was held, in which girls had to present their business plans. The winner received a million rubles to implement the proposed project.

Subscribe to our twitter and telegram

    How do you rate How To Pay A Tax On Winning In A Casino In Russia – The Rules Have Changed ?

    Your email address will not be published. Required fields are marked *