Quote:
Originally Posted by promalta
I am new in the community. I am professional gambler ( online sports betting )
I know that many of you live ( or have connection with ) in Malta.
Could you kindly tell me if I have to pay tax from my winnings in Malta? I was told by somebody that "yes" but I can reduce it to 5 %...not sure how it works
Do you have any idea of that ? Could you recommend a good tax advisor ?
I will be very grateful and offer a good bottle of champagne in Malta for helping
all the best,
Pro
I think whoever you spoke to was perhaps confused a bit, the 5% "real rate" is something that applies to sportsbetting operators licensed in Malta.
I do not think Malta taxes foreign bettors directly for playing on Malta licensed sites.
If you are IN Malta, and concerned about your personal tax which might be due to Malta, I could recommend someone.