New Posts For Thread: Gambling taxation question for Betfair proshttps://community.betfair.com/general_betting/go/thread/view/94082/29021701/gambling-taxation-question-for-betfair-prosDoes anyone know the followings?Do we need to pay tax after our winnings on Betfair? If yes, is it possible to decrease the taxation base with losses.Where should I pay taxes? In my country (Hungary) I can't cut taxation base with losses. This meansMakes you wonder if the taxman ever even bothers to try and collect on ridiculous tax laws like this, where if they cant deduct at source the regular player ends up owing many multiples of their actual final profit (if any).That story last year of Vihttps://community.betfair.com/general_betting/go/thread/view/94082/29021701/gambling-taxation-question-for-betfair-pros?post_id=517902525#517902525Makes you wonder if the taxman ever even bothers to try and collect on ridiculous tax laws like this, where if they cant deduct at source the regular player ends up owing many multiples of their actual final profit (if any).That story last year of ViSun, 25 Mar 2012 04:27:26 -0500Think you will have to leave Hungary if you want to gamble..... You could try to find a hungarian poker forum and see what they do, as poker players would end up owing millions under the system you describe.https://community.betfair.com/general_betting/go/thread/view/94082/29021701/gambling-taxation-question-for-betfair-pros?post_id=517886103#517886103Think you will have to leave Hungary if you want to gamble..... You could try to find a hungarian poker forum and see what they do, as poker players would end up owing millions under the system you describe.Sat, 24 Mar 2012 14:27:47 -0500Does anyone know the followings?Do we need to pay tax after our winnings on Betfair? If yes, is it possible to decrease the taxation base with losses.Where should I pay taxes? In my country (Hungary) I can't cut taxation base with losses. This meanshttps://community.betfair.com/general_betting/go/thread/view/94082/29021701/gambling-taxation-question-for-betfair-pros?post_id=517879219#517879219Does anyone know the followings?Do we need to pay tax after our winnings on Betfair? If yes, is it possible to decrease the taxation base with losses.Where should I pay taxes? In my country (Hungary) I can't cut taxation base with losses. This meansSat, 24 Mar 2012 10:55:43 -0500