According to the Law on Personal Income Tax regulations all winnings that exceed 3000 euros and paid in one transaction or several consecutive transactions within one log-in session, are applied with income tax which is automatically withheld from transferred amount.
Before such a payout is confirmed, you will receive a notification by mail, where the tax amount and the total amount of withdrawal will be indicated.
Also, winnings above €3000 per year must be declared in the income statement at the end of the year.
14
8
Was this article helpful?
11 out of 14 found this helpful