« Reply #1 on: January 09, 2017, 06:19:48 PM »
Or do you think we have to report the win as income and the loss as an expense?
man,this is my work, tax statements and calculations and I`m tired of these calculations in every day, there are many type of taxes.
I haven`t calculated Arber`s tax statement since today
if I`m not mistaken in this case you have to show your net income.
wins - (loses + deposit/withdrawal fees and another transaction fees) = net income
In our country bettors(if they report their income) have to give tax 10% of net income of betting and lottery. I don`t know how much this is in your country. if you know official web site of your local tax ministery send me link I`m ready to check it for you, good luck