Taxation in Spain

Hello, I would like to know if anyone knows how the issue of taxation of income tax returns in Spain for the issue of winnings in casinos, specifically in slot machines, I would need help. Thank you!

Hello,

I tried to find some tester who should discuss this matter with you, however, as you may see nobody has answered yet.

I asked again, but it seems that nobody possesses these experiences, frankly.

Have you learned anything related, please?

The first question is regarding whether or not to pay the Treasury for the winnings obtained in an online casino or through our sports bets.

And the quick answer, in general, as you may have deduced from what we previously mentioned, is a resounding YES.

In fact, as stipulated, any Spanish citizen has the obligation to include in the IRPF (Personal Income Tax) declaration everything that they have won or generated with their predictions or plays in a specific fiscal year. .

Now, in this sense, it is necessary to make a special nuance and emphasize that all income obtained from online gaming, with the sole exception of ONLAE games and their corresponding particularities, must be declared and taxed in the income statement and in general.

In other words, personal income tax is made up of five types of income that you can generate: income from work, income from movable capital, income from real estate capital, income from economic activities, and capital gains and losses. Precisely, in this last section is where the gains and losses in sports betting and online gambling are included.

You will have the obligation to declare when your profits obtained through sports betting or online casinos, other capital gains, or income from movable capital, exceed 1,600 euros as a whole.

Also when your benefits exceed 1,000 euros. In addition, including if your salary exceeds 22,000 euros or if you have real estate income or yields from Treasury Bills that exceed 1,000 euros as a whole.

In a simple calculation we can exemplify what is mentioned in this section, and that is that it must be paid if we have obtained 2,000 euros of profit through betting and therefore, it has to be declared in the IRPF.

But if you have only benefited from an amount equivalent to about 1,200 euros, you will only have to make the income statement with a salary greater than 22,000 euros on payroll.

It should be noted that the exact amount of profits that we have been able to receive can be obtained through the request for the annual user report, which can be granted by the online casino or the sports betting house with which you have obtained the profits during this year.

I am at your disposal for any questions related to this topic.

All the best.

Hello dianagamur is there any way to get in touch with you? Thank you very much!!

Yes, of course, if you want, I'll give you my email, and you can send me any doubts that arise, and if we see that we don't understand each other, well by mail, I would send you my mobile over there more privately if that's okay with you, my mail is murilloduarte5@gmail.com

I will need the annual gross salary data, and casino benefits to know if you have to declare them and if so, the box in which you have to put it.

All the best!

Ok I sent you an email

I have answered you

Hello!

Thank you for such an informative and precise display of information.

Much appreciated. I will gladly get in touch if the need arises. 🙂

Stay well.