Filing kansspelbelasting

Prize winners

Prizes are all goods with an economic value received by the winners of a game of chance. This may be cash (all currencies) or other goods, such as a car, a sofa, trips, and the like.

If you win a trip or goods, it is difficult to determine on which amount taxes are due. The Act determines that the economic value is decisive. If you win a trip, for example, the economic value of this trip must be determined. In other words: what does this trip cost at a travel agency?

Exemption

You will not need to pay kansspelbelasting if:

• the value of the prize is lower than USD 600;
• the contribution per game of chance is greater than or equal to the prize won;
  any costs you incur to participate will not be considered a contribution;
• you have already paid similar taxes abroad when you win a prize in a foreign game of chance. In this case, you must still file a return to request a prevention of double taxation.

Gambling tax rate

The kansspelbelasting rate is 10%. For example: if you win a car with a value of USD 20,000, the taxes due on this prize will be USD 20,000 x 10% = USD 2,000.

Kansspelbelasting assessment

If you do not file a return and pay the taxes due, an additional assessment with fine can be levied.