Taxes on Poker Winnings?

cese1962

cese1962

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  • #1
A question for online poker players in Brazil.
Sometimes I win small amounts and end up playing again even to train and improve my level.
I think more if in the future I can win better amounts, I
will i need to pay taxes on my winnings on a poker site?
What is your attitude today?
What is your accountant's orientation?
 
C

Cooking

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  • #2
I’m also from Brazil and yes you need to pay taxes on your winnings. Except if your winnings (this include all your income, regular job + poker) does not exceed R$28.559/year then you don’t need to pay any taxes. The orientation that I have is that you should pay taxes every month you make cashouts (of course if those cashouts goes to your bank account).
 
Claudiunm

Claudiunm

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  • #3
Lol!
The part in parentheses is the key.
I had the opportunity to make a withdrawal at ACR and another at 888, which added up to only $ 110. I dream of the day when I have to worry about taxes when withdrawing money from Poker.
 
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