Open Side Menu Go to the Top
Register
Portugal online poker tax laws Portugal online poker tax laws

04-20-2014 , 04:10 PM
Quote:
Originally Posted by Cuchulainn1
I believe we were both responding to the same post.
Quote:
Once again reminding:
Be careful not to confuse "no regulation" with no taxes. The fact that there's not a specific regulation for Poker doesn't mean Poker is tax free.

You ALWAYS have to pay taxes on income, whatever is the source of the income.

Even if it's not regulated, gray area, anything. You win money = you pay taxes. That's the law.

It works that way almost everywhere in the world.
Ahh ok. I personally know that you don´t have to "ALWAYS" pay taxes on gambling winnings and that this depend on the law of a certain country.

What I still don´t know is which specific law or legal precedent in Portugal say that you don´t have to pay tax for gambling winnings?

So all those who say "NO TAXES IN PORTUGAL !!!!" please quote the law/legal precedent.
Portugal online poker tax laws Quote
04-20-2014 , 05:34 PM
the code of taxes it´s clear, citizens must pay taxes in all winnings legal, even illegal,.

Auto translate with google translator:

Article 1. º
Tax base

1 - The tax on personal income (IRS) levied on the annual value of the proceeds of the following categories, even when derived from unlawful acts, having made the relevant deductions and rebates:

Category A - Income from employment;

Category B - business and professional income;

Category E - Income from capital;

Category F - Income from property;

Category G - Capital Increments;

Category H - Pensions.

(Wording of Law. 30-G/2000, 29 December)

2 - The income, in cash or in kind, are subject to taxation, whatever the place where you get the currency and the way in which they are earned.
Portugal online poker tax laws Quote
04-20-2014 , 08:26 PM
Quote:
Originally Posted by 00001
the code of taxes it´s clear, citizens must pay taxes in all winnings legal, even illegal,.
Thank you! But for me it´s not clear!

The only possible category would be "Category B - business and professional income;"

Is there a description what counts as business and professional income?
Portugal online poker tax laws Quote
06-10-2014 , 10:01 PM
Not my specialty but... there is a specific category for gambling activities.

This subject its complex and exhaustive and hard to write in English ( not my native language)....

Problem it´s that there are no legislation regarding to online poker in any law, categorizing it ( etc ) and there is not too in tax law, and in tax law it´s hard to know where you declare that because there is a specific category for "gambling", ( . . . )

And for all that really matters it can be considered illegal because not provided by the licenciated authorities ( or not)...

So... hard to write about that , needed to do a exhaustive work.

If you wanna be legal, consult some tax law specialist , and.. maybe it will be kinda of worthless.

Or you can just play and be carefully on not deposit large amounts of money in cash or transferring to Portuguese banks related with poker. Don´t have nothing to do with poker that... it have to do only with money ( tax evasion, money laundering, etc).

With poker they just don´t know if you are playing it or not, problem it´s the large amounts of money.
Portugal online poker tax laws Quote
06-11-2014 , 10:27 AM
Quote:
Originally Posted by 00001
Problem it´s that there are no legislation regarding to online poker in any law, categorizing it ( etc ) and there is not too in tax law, and in tax law it´s hard to know where you declare that because there is a specific category for "gambling", ( . . . )
Can you please quote this "category for gambling" and in which law is this "category for gambling"?
Portugal online poker tax laws Quote
06-11-2014 , 01:13 PM
Instead of talking we should go see a lawyer, I'll maybe do that but as in France and many countries there is no tax to pay until they become interrested by you'r case because you'r a big winner. The only realy safe countries are the one with a specific law who says its not taxable...
Portugal online poker tax laws Quote
06-22-2014 , 05:36 PM
^^ yes. Soon. So people wait and see. It will be more clear.
But for now... just play it, if you are on PT.
Portugal online poker tax laws Quote
06-22-2014 , 06:05 PM
The end is near.
Portugal online poker tax laws Quote
06-22-2014 , 10:47 PM
i dont get this. is this suppose to segregate players? or no segregations but players have to pay taxes?
Portugal online poker tax laws Quote
06-23-2014 , 07:27 AM
Definitely unclear at the moment, but taxes will most likely be paid by operators, not by players as long as they play on .pt domains. This may lead to increased rake, which has been the case in some other regulated markets.

Player segregation is likely as they suggest to follow the same model as France, Italy and Spain, and not the model adopted by countries such as Sweden and Finland. Player segregation on such a small market as Portugal will likely mean the end of poker with any decent games.
Portugal online poker tax laws Quote
06-23-2014 , 09:37 AM
Quote:
Originally Posted by KILLingIT
i dont get this. is this suppose to segregate players? or no segregations but players have to pay taxes?
Won't know until text of regs is published.

My take: I would be pretty surprised if they decided to segregate cash game players; they have been in talks with the other euro regulators for the last year+, all of which realize how detrimental it has been to the market, and thus tax revenues.

We might see some kind of euro-pact (spain+italy+portugal), but my guess is it'll be like Denmark.

edit: from PokerNews: "the bill approved on Thursday closed the discussion building the foundation of an "open market" with a system of licenses similar to the ones already in place in France, Spain, and Italy."

All the author is saying (i believe) is that the licensing system will be open to foreign operators - which is the caes in France, Spain and Italy (and Denmark, the UK etc). That's an unfortunate choice of 3 countries as examples as they are also the 3 that segregate the player pool; but to my knowledge there is nothing to suggest this is what Portugal will do.

Last edited by Hood; 06-23-2014 at 09:42 AM.
Portugal online poker tax laws Quote
06-23-2014 , 10:51 AM
hey Hood could you give the link to Stars statement, tks.
Portugal online poker tax laws Quote
06-23-2014 , 10:55 AM
regarding?
Portugal online poker tax laws Quote
02-18-2015 , 02:53 PM
Hello guys,

I live in Portugal, I came from France 8 month ago, I had to pay taxes there for my 2013 winnings since Im a pro.

My fiscal laywer (in France) told me to declare my 2014 winnings in Portugal to not pay taxes from France that year.
He said living there is not enough, u have to declare ur winnings where u live to be fiscal resident there.

From what I saw, nobody has ever done that, somebody could told me how to do that and if i will pay taxes from my winnings in that case? ( I made 100k in 2014)
Portugal online poker tax laws Quote
02-18-2015 , 03:14 PM
Quote:
Originally Posted by Marcos Sketch
Once again reminding:
Be careful not to confuse "no regulation" with no taxes. The fact that there's not a specific regulation for Poker doesn't mean Poker is tax free.

You ALWAYS have to pay taxes on income, whatever is the source of the income.

Even if it's not regulated, gray area, anything. You win money = you pay taxes. That's the law.

It works that way almost everywhere in the world.
Yeah in the UK, Canada etc this is completely false. Been playing pro for 6 years never paid a dime of taxes, i pay 0%. Poker is tax free, in fact ALL gambling is tax-free. And ive banked over $250,000.

These are the truly free countries to play poker and keep 100% of winnings. Hopefully portugal is like Canada
Portugal online poker tax laws Quote
02-18-2015 , 08:22 PM
And it is.
Portugal online poker tax laws Quote
02-19-2015 , 09:49 AM
Will be unclear if a pro can deduct more or less of the costs the poker sites take and if it is illegal to play at non licensed sites. It is unclear in most countries if pros pay income tax or not and the way to find it out is to pay and if they wont take it or not till after few years of such earnings or over some amount and maybe included,, and likely cant get it back in any form during worse to losing years, though not impossible, eg. a visit to tax people and maybe they can fix a lower tax rate.

Being as a tourist can on gray area be tax free if ones own country is tax free but after 6 months one technically is no tourist, even if leaving every 3 months. But under some winnings the sites or tax people might not see it. What software one will be using as a tourist or so or even later is also unclear.
Portugal online poker tax laws Quote
02-19-2015 , 06:04 PM
In Portugal there are none nor will be taxes for online gambling.

And the same values for tourists unless your home nation dictates other way.
Portugal online poker tax laws Quote
02-20-2015 , 06:59 PM
In portugal pros rate to pay tax if u read a bit up. If this stays so after licensing, is not known, but likely will.

In canada the 1st year was tax free but not more if a pro, until that has changed. In some scandinavian countries there is no difference if pro or not, taxes paid only from non eu sites with the difference it is like 30% for non pros and pros pay income tax after some years of play the latest.

Croatia has long been like portugal but pros there pay income tax according to one post who asked a lawyer there. In romania the tax is taken from cashouts and there unlikely is a separate pro tax.

In Spain taxes come after 5k or so, in Italy after 10k, and in france pros are taxed, and all these countries are licensed with players paying w lower vips or higher rakes. In malta some taxes are more or less a fact.
Portugal online poker tax laws Quote
02-20-2015 , 11:33 PM
Quote:
Originally Posted by djidji31
Hello guys,

I live in Portugal, I came from France 8 month ago, I had to pay taxes there for my 2013 winnings since Im a pro.

My fiscal laywer (in France) told me to declare my 2014 winnings in Portugal to not pay taxes from France that year.
He said living there is not enough, u have to declare ur winnings where u live to be fiscal resident there.

From what I saw, nobody has ever done that, somebody could told me how to do that and if i will pay taxes from my winnings in that case? ( I made 100k in 2014)
You go to the finance authority, where you are registered, declare it and then they will tell you if and how much tax you have to pay.
Portugal online poker tax laws Quote
02-21-2015 , 10:41 PM
There as been some speculation troughtout this thread regarding taxes and all the rest.

Basically, earnings from gambling (landbased or online) are not taxed to players.

And this point is clear to future regulation as well.
Portugal online poker tax laws Quote
02-26-2015 , 11:51 AM
and its done.

we are now oficially regulated, law will be a reality in 6 months.

see point 3.
Portugal online poker tax laws Quote
03-01-2015 , 10:38 PM
and no taxes for players, operators will pay 15%...
Portugal online poker tax laws Quote
03-04-2015 , 07:31 PM
Portuguese poker player will still be able to use neteller and skrill for money transactions between pokerstars and full tilt ?
Portugal online poker tax laws Quote

      
m