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No (taxed) incomes problem (European)?
In Euro(pe) one is not often taxed from hobby gambling winnings at some European sites, at least Ladbrokes and William Hill (Poker). But playing as the only income is not the same as hobby playing, no matter how little it is, and I figure it needs to get reported as incomes and will be taxed (possibly even more than as normal incomes?)?
As the income papers, the bank notes (when one transfers money there from the gambling site) might be the only pieces of paper one has to show of incomes. The copies of those one then adds to the tax report? (By the way, I would not keep any kind of more detailed notes of incomes, just about no matter what.) Additionally one will have some bankroll (not to mention living expenses savings for protection), and the tax people will likely not understand it's needed for making money, and so will tax it too? And one likely needs to keep it on banks (where additionally to interest, it's possibly additionally taxed as bank savings). |
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