Do you have to pay tax on your winnings at the casino? How does the legislation of the new State Treaty on gambling affect casino taxes? And how can you avoid legal casino taxes or in Online casinos without tax play? That's exactly the questions I'll answer you now, you just have to keep reading.
- Reasons for the 5.3% Casino tax
- Best casinos without tax
- Criteria for tax-free casinos
- Do winnings in the casino have to be taxed?
- Casino Taxes in Austria
- Casino Tax in Switzerland
FAQs about casinos without taxes
⚖ Is a tax-free casino safe?
If you play in online casinos without tax, which were recommended by us, then already!
💡 Are casino winnings tax-free?
Yes. As long as you are not a professional who lives solely from gambling, winnings are always tax-free!
❓ Are there Canadian online casinos without tax?
If you mean providers who adhere to the GlüStV, then not. However, there are numerous Casinos without Canadian license for which there is no tax due to reduced payout percentages.
🏆 Where can I find the best online casinos without tax?
With us in the best online casino reviews our time!
🎰 What is the 5.3 tax at casinos?
A casino must pay 5.3% to the German state as tax on every bet.
Why is there a 5.3% tax for online casinos?
Before I get into the topic, I'll answer the initial question of whether you have to pay tax on your casino winnings. The answer to that is no: in Canada there are Gambling winnings tax-free . More on that later. Since the introduction of the German GlüStV, however, online casinos have had to pay 5.3% tax on every bet.
This means that there is no tax on your winnings, but the tax office wants to have a part of the bets. By and large, the State Treaty on Gambling was introduced in order to secure tax revenues. Ostensibly, it was introduced to ensure player protection. In reality, it was simply about this 5.3% tax .
Considering that already in 2020 the tax revenues from offline gambling in Canada were higher than the alcohol taxes, a logical development. Just like with bookmakers and the tax available there, there is now different approaches to how providers pay this gambling tax . Some providers deduct a penny from each spin and pay the shortfall from their profit margin.
Still others reduce the payout percentages so that the additional tax fees are covered by these. No matter which variant awaits you: it is a disadvantage. And that's why so many players are currently playing in a casino without tax. These are all the providers who have not yet adapted their total offer to GlüStV.
Best Casinos without 5.3% Tax - My Top 3
You should know that not all online casinos Collect taxes. The providers without a Canadian license and especially with a regulation in Curacao waive the 5.3% gambling tax. Below I present you 3 recommended online casinos without tax.
PlayZilla - Best Casino without tax
PlayZilla is a relative unknown online casino from the year 2021 and relies completely on a complete package of casino and sports betting. There are no taxes here, because the provider has a license from Curacao. Thus, the new rules are also omitted here, because the provider offers slots without waiting time and an excellent live casino.
In my PlayZilla Casino Review I took a closer look at the modern provider. I have collected very good impressions, because I especially liked the varied loyalty program. In addition, the game selection is outstanding with about 5,000 slots.
Ivibet - Young online casino without tax
The provider Ivibet also refrains from collecting the 5.3% tax indirectly by reducing the payout percentages. And there will also be no fees on bets due, so I can recommend this online casino without tax without hesitation.
Ivibet convinces especially with the motivating gamification elements. During my Ivibet Casino Review have I discovered special missions and challenges for which you will be rewarded with points. In addition, both the game offer and the number of bonus promotions are at test winner level!
Boomerang Casino - Tax-free casino with a huge game selection
At Boomerang Casino you can also completely play tax-free at the casino , because there is neither a reduction in RTP values, nor deductions from bets or winnings. You can get into my Boomerang Casino Review read more about the promising provider.
The provider has me especially in the Live Casino Comparison impressive, because the selection is excellent with about 300 tables. In addition, the loyalty program with numerous gamification elements ensures a high long-term motivation and a lot of variety.
What is to be considered at online casinos without tax?
If you currently want to play in online casinos without tax, you should know a few important factors that come to you there. Because usually we are talking about providers who have a license from Malta or Curacao. I personally currently rely on the providers with a Curacao license and crypto action. Why, I'll tell you right away.
License is also important in casinos without taxes!
Even if you play in a casino without tax, you should refer to the recommendations at purehoneyclothing focus. Because they all have a valid license and are protected with SSL certificates. Playing with providers who do not have a license at all would be fatal. Because then there is no protection at all that you can rely on.
I have to say that when I Casinos licensed from Curacao games, I am aware that if there are disputes, it is very difficult for me to get to the provider and those responsible. But these are also the providers where I play with my crypto coins. And I have a slightly different relationship to this balance than to real money.
Pay attention to payment modalities in online casinos without gambling tax!
Also in terms of payment methods, online casinos without tax differ from those with the tax levy. Because in the case of casinos with a tax levy, we are talking about the providers who adhere to the German gambling state treaty. And there you will usually find Payment methods at the casino such as credit cards, Sofortüberweisung, GiroPay and very rarely methods such as Trustly and co.
On the other hand, there are providers with a Malta license. You will usually find the most extensive payment portfolios there. And if you're like me at the Casinos with Bitcoin if you want to play, then you either pay from your personal wallet or rely on third-party providers such as MoonPay. With these you can buy BTC and other cryptocurrencies for credit card payment and play with the coins. In my MoonPay Experience let me introduce the service in more detail.
Bonus conditions often hidden in casinos without tax
And also in terms of bonuses, you currently have an advantage if you play with providers who do not claim the tax deductions. Because usually you get the highest possible bonuses from the providers. In particular, the providers who adhere to the German state treaty and are already incorporating this tax model are currently waiving some of the Casino Bonus .
This was certainly due to the fact that they first had to find a way to generate the taxes via additional income. Now that they are on a Reduction of the payout ratio if you concentrate, deposit bonus offers will also return again. Whether they are worth it if you are on the popular Slot Books If you play Book of Dead with an RTP of about 85%, I want to leave it open. Not for me.
Game portfolio is significantly larger in casinos without tax!
In addition, it is the case that the providers where you pay taxes may only offer digital vending machines. This is also part of the german GlüStV . It regulates only the offering of slots nationwide. The federal states will be able to issue online licenses for table games and live casino.
An application procedure with the EU is currently underway for this. If you only play at the casinos without tax, you are currently playing with table games, Jackpot Slots and in a live casino with the popular wheels of fortune. These non-existent restrictions currently speak in favor of playing in a casino without tax.
Do casino winnings have to be taxed and is there a casino winnings reporting obligation?
I don't want to provide tax advice here. I can't do that and if you are not sure about your tax affairs, you should consult an expert. That's why there are tax lawyers and tax consultants. I am a specialist in gambling. What I can do is inform you rudimentarily now that in Canada Gambling winnings that fall under the Racing Value Lottery Act are tax-free .
Regardless of how the offer was licensed. What there is is a reporting obligation. And on the part of a bank to customs, if you are at a Curacao casino high profits over $10,000 get transferred. However, this reporting obligation has nothing to do with taxes, but it's simply about the fact that for amounts over $ 10,000, you have to be able to prove where the money came from.
And since you have a Payment receipt of the online casino if you have, this should be possible. Taxes for gambling are generated via providers such as the gambling tax of 5.3% or betting tax of 5%.
Casino Tax Austria
In Austria you can expect the same customer-friendly tax regulations as in Canada . Because there are no casino taxes in Austria on your winnings. If you win and come from Austria, the winnings are tax-free. The regulation applies to all casinos that have a license in Austria and in other EU countries.
Only if you are a professional players if you live exclusively from gambling, your gambling winnings will also be taxed. There is a similar rule in Canada.
Casino Tax Switzerland
In Switzerland, a state treaty on gambling regulates gambling in online casinos. Swiss players are only allowed to play there with providers who have a Swiss license. Become a provider based abroad and without a license blocked via IP locks . In order to be able to play with such providers, Swiss customers must VPN Software use.
The introduction of the gambling law in Switzerland also brought significant restrictions. At the same time, it also regulates taxes on gambling. And Switzerland is extremely accommodating: only from 1 million Swiss francs you have to pay casino taxes in Switzerland on your winnings.
Conclusion about online casinos without taxes
Now you know that you usually do not have to pay tax on online casino winnings. This is one of the important aspects you need to know when it comes to gambling and taxes. The other is that it is currently worth playing in a casino without tax. Not only because there is no tax deduction leads to a reduction in RTP . Also because the providers with whom the tax regulation applies, as a rule, only Automatons and here, in addition, the betting limit of a dollar and the 5 second rule takes effect.
And these requirements annoy even more than a tax deduction. How come? I'll tell you that in the guide to Casinos with no 5 second rule . And now a little tip on the reporting obligation of banks and high profits: You can also withdraw your winnings to Bitcoin wallets. There is no bank that reports the profit to customs. And what you then do with your coins, usually nobody cares.