Arbing from the Netherlands
- simoes
- Gaining experience
- Karma: 1
- GLopez
- Gaining experience
- Karma: 2
Post
Re: Arbing from the Netherlands
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).
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).
- simoes
- Gaining experience
- Karma: 1
Post
Re: Arbing from the Netherlands
Thank you so much for the value information. how do they calculate the winnings over each bet won or the month average?
- caraPan
- Has experience
- Karma: 4
- GLopez
- Gaining experience
- Karma: 2
Post
Re: Arbing from the Netherlands
The total amount won (minus losses) each month.simoes wrote: Thank you so much for the value information. how do they calculate the winnings over each bet won or the month average?