Modern online gaming options require strict reporting from the gambling establishment itself and those receiving winnings. These rules must be followed, as all movements of funds can be monitored by the tax authorities, and violations can result in fines. Online sports betting is offered, where tax payments are made in full compliance with legal requirements.
Payment Rules and Calculation Features
Bookmakers operating legally and holding a license are also tax agents. This means they calculate and pay taxes on their clients’ winnings themselves. However, this rule applies if the winning amount is equal to or exceeds 15,000 rubles. For winning amounts below this threshold, the bettor calculates the amount themselves; they must submit the information to the tax authorities and make the calculation.
The following calculation features should be highlighted:
- Each prize amount received from bets is subject to taxation.
- The payout percentage is calculated based on the Tax Code and depends on the amount of winnings for the year. The standard rate is 13%. If winnings accumulate above a certain level over the course of a year, a recalculation is performed, and the difference must be paid. The percentage can range from 13% to 22%, and it corresponds exactly to the scale of other income.
- When withdrawing funds, the bookmaker deducts the deposit amount, meaning only the bettor’s net profit is calculated; their contribution is not taxable. If funds are withdrawn multiple times while the deposit remains the same, the deduction applies only to the first withdrawal.
If multiple deposits are made, all are deducted when withdrawing winnings.
Payment Deadlines
If the bookmaker pays taxes, they do so independently, and the player has nothing to worry about. They can request copies of documents to prove the legality of their income and legitimate payments to the state. The tax agent, i.e., the betting organization, is responsible for the timely and accurate filing of these documents. When paying in person, you must complete Form 3-NDFL and submit it to the Federal Tax Service office at your place of residence by April 30 of the year following the end of the tax period. Payment is due by July 15.
The process is simple; returns are currently submitted digitally and taxes are paid by bank transfer. Consultations with the tax office and bookmaker are available on all matters.