Arbing from the Netherlands

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simoes
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simoes

Arbing from the Netherlands
« on: December 26, 2013, 01:14:08 PM »

Just moved to holand any experience arbing from here?
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GLopez
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Re: Arbing from the Netherlands
« Reply #1 on: December 28, 2013, 10:07:00 PM »

In Holland you have to pay 29% tax over your winnings per month (at the end of the month you calculate winnings minus losses and you have to send a report to the tax service each month. The losing months are not deductable from the winning months.
However, I think 99% of the punters in Holland don't pay anything and they get away with it because it takes the government too much time and money to pursue these relatively small amounts of tax. There are not many punters in Holland so they don't really bother.
Banks could report big sums to the tax service though, so you better use your old bank accounts from your previous country to do the deposits and withdrawals with. Then you're fine for sure.
As far as bookmakers, some of them have blocked Dutch customers (Bet365, Ladbrokes, Pinnacle and some more) and some others still accept Dutch customers (SBO, Unibet, Bwin, Betfair and more).
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simoes
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simoes

Re: Arbing from the Netherlands
« Reply #2 on: December 29, 2013, 09:20:43 PM »

Thank you so much for the value information. how do they calculate the winnings over each bet won or the month average?
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caraPan
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Re: Arbing from the Netherlands
« Reply #3 on: December 29, 2013, 10:54:37 PM »

29% over your winnings??? Wow...
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GLopez
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Re: Arbing from the Netherlands
« Reply #4 on: December 30, 2013, 02:23:04 PM »

Thank you so much for the value information. how do they calculate the winnings over each bet won or the month average?

The total amount won (minus losses) each month.
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