On January 1, 2018, changes to the Tax Code of the Russian Federation have come into force, being approved by the Federal Law No. 354-FZ "Amending Part Two of the Tax Code of the Russian Federation". They concerned taxes on revenues from winnings in betting shops and terminals. We’ll look into some of them.
Corresponding changes were made in Article 214.7 of the Tax Code. The tax agent creates a tax base for income from 15 thousand rubles and higher, received from gambling winnings through a reduction in the amount of the winning, as a result of betting on the size of the bet – the conditions for betting.
The lawyer at Pravovaya Liniya LLC Maria Lepshchikova explained that the tax agent calculates the tax amount for the income from the winnings separately for each one. Thus, it will not be possible to reduce the taxable base on the amount of other bets.
Bookmaker is a tax agent that also pays the tax if the client wins 15 thousand rubles or more.
If the winning does not exceed the specified amount, BS fully pays it to the gambler. The client must report the tax for the annual income him/herself and pay the tax accordingly.
So the bookmaker will no longer be the tax agent for winnings up to 15 thousand rubles.
According to paragraph 1 of Art. 229 of the Tax Code, gambler has to file a tax return before April 30 of the year, which follows the reported one.
The amount of taxes calculated according to the declaration must be paid at the place of residence of the payer no later than July 15 of the following year.
This means that the gambler must state all the winnings from 2018, which were less than 15 thousand rubles; submit it to the tax service at the place of residence before April 30, 2019 and then pay the tax until July 15, 2019.
By the way, you can fill out and register the document online at the Federal Tax Service of the Russian Federation website.
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