One of the most popular areas in France is undoubtedly the world of gaming and entertainment, especially with the appearance of a plethora of gaming brands. That said, some people have a lot of difficulty with the legality of these services. The questions you will probably ask yourself are: Is the amount I earn taxable? At what rate are they and is there a tax credit? Obviously, all these questions must be legitimately asked and must have a clear answer that is not easy to find. Through this short guide, you will discover step by step how gaming taxes work before your bets are placed and profitable.
The need to have a genuine gaming license
Not everyone can become a player in France, or even open a casino. Offering a competition, for example, to sell your car or drop off a gaming machine while promising lots of winnings upon arrival is not a simple thing. Indeed, the games that cross your paths will not always be reliable, especially if you don’t check their legality. Independence in the distribution of the gains obtained must be mandatory. As a result, French people wishing to play or already accustomed to the game must imperatively take into account several criteria, and to avoid the risks of a scam which intrude somewhere, the player that you are wherever you will be, must It is imperative to consult the legality of the game in which he is about to bet. To do this, it will not be useless to carefully consult the best choices of casinos available on the internet through online comparators, these are generally under permanent control by the authorities.
Which gaming sites are ARJEL approved?
ARJEL constitutes the reference that cannot be bypassed since it is present on almost all online gambling sites in France. Indeed, the year 2010 saw the establishment of the Online Gaming Regulatory Authority with a view to opening up to operators who are not French. Obviously with the aim of encouraging sports betting and betting on races, but not only that: there is also a great openness towards poker games with money. In 2021, we have more than fifteen ARJEL approved operators. If in doubt, we recommend that you consult the reviews on the sites in order to compare for yourself the opportunities that may be open to you.
However, even if ARJEL represents a national and independent authority in the State, ARJEL regularly carries out filtering drawn from new online casino options. Unfortunately, this is not enough to deal with fraud and other scams such as internet gambling scams. You can therefore trust without fear ARJEL as soon as it places its mention directly on the bookmakers to guarantee the reliability and perfect legality of online gaming sites. Be aware, however, that if you consult other sectors of the game, you should rely on licenses marked by non-French authorities, however, they remain just as reliable and legitimate in France.
Taxes on gambling: are they compulsory?
Any player who tries the game must pay a tax. We remind you of this because this essential information is not often written in books or provided on online gaming sites, but this is the reality. However, players can benefit like everyone else from an income tax credit, especially when declaring your annual resources. To be taxable under French law, you need to win regularly or be a big winner. For example, during a jackpot, taxation will depend on the amount of winnings you have had. For the case of players who don’t play often, but win regularly under the law, you are a small business. Three scenarios can happen:
- you will be taxed up to 25% minimum on winnings generated during the previous year;
- you can declare your winnings for income tax in the box linked to gambling;
- all your losses can benefit from a tax credit, since you will be considered a businessman who just wants to invest in his business.
Everything you need to know about the online casino and its advantages
Do you know the field of online casino ? Fan of gambling or physical casinos, know that the online casino is also very interesting, for many reasons. There are a lot of online casinos, because the craze is very present among players. This is of course not without reason. You can discover this universe at this reliable online casino site, but also by reading our article.
We will therefore, with the help of this guide, present to you the advantages of the online casino as well as how to choose the right one.
What are the advantages of online casino?
The online casino has a real success for a number of reasons:
- You can play anywhere and anytime, the online casino does not have any schedules
- You have access to a wide catalog games, as well as many bonuses more tempting as each other
- No need to travel to play, you win therefore time, and of money by saving journeys
- You can preserve your anonymity
- It is now possible to play with cryptocurrencies according to some casinos
How to choose the right online casino?
Now that you know a little more about online casinos, it is very likely that you want to take the plunge. Here are some tips that should help you choose your online casino:
- Ask your entourage : if you have loved ones who are very gamers, it is very likely that they have already tried their hand at online casinos, or that they are seasoned players
- Check out the notice Google online casinos you know, or read about rankings of the best online casinos.