A question related to the law

Hello,

It all started last year when I just decided to have fun on a betting site. Then I won a big amount, then I continued to play and won another big amount, and so at the end I had BGN 11,000.

I stopped for about a year until this May. When it all started again, but I wasn't winning anymore. My question is, when I look at my banking from May, so far it appears that I have transferred BGN 32,000 within 4 months. Which is not really the money with which I am in the red, because I have also had profits that I have pushed again. Is there a possibility that for this huge amount, one of the institutions will contact me and do some kind of verification of the origin of the amounts? This worries me the most because I don't want anyone to know what I did.

p.s. I am taking measures - I am already registered in the NRA register.

Hello!

It is an interesting question. Correct me if I'm wrong_ you are worried you may find yourself under a sort of an investigation because you deposited and, more importantly, withdrawn money from casinos.

That would suggest some financial interests or a tax office, perhaps? I believe it would be best to consult the local law. I'm sorry to say that we are no lawyers here.🤔

But, I'll try to ask around - among our international testers.

Let us know if you find some answers.

Hello Anna1231231

I'm really sorry for the large amount you lost. But just as there can be gains, there can also be losses.

I see that you entered the NRA register for vulnerable persons under the gambling law. That's why I assume you're from Bulgaria. I'm also from Bulgaria and I'm familiar with the gambling laws, and with your question.

Anyway, let's get to the point of your question.

In principle, a lot depends on the origin of the amount of 32,000. If they are not declared in any way, then by the NRA may seek income tax. In principle, every single amount that is not declared to the National Revenue Agency is subject to profit tax. But there are many factors that can influence this situation.

I have friends who earned amounts over 100,000 ago and the NRA did not look for them to pay taxes.

Which banking institution do you use?

Did the bank require any document for the origin of the money?

I'd like to thank you for supporting this concern! ✨🙌

My warmest greetings to Bulgaria. 💚

Hello, regarding my question - my income is declared, I have a permanent employment contract. It turned out that I don't need to release a declaration for the acquisition of casino winnings. Or so they explained to me

Don't worry, you won't have any problems.

https://nra.bg/wps/portal/nra/taxes/okonchatelen-danak-varhu-dohodi/nagradi-ot-igri-konkursi-i-proekti

Here you can read the complete information regarding the declaration of material and monetary profits.

https://nra.bg/wps/portal/nra/taxes/godishen-danak-varhu-dohdite

Here you can read about personal income tax.

But like I said you don't have to worry.