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V0228-22 ·9 February 2022 ·consulta-vinculante Medium impact
Tax

Sports betting prizes taxed as capital gains for Income Tax purposes

A query was raised regarding the taxation of prizes won from online and land-based sports betting. The Directorate General for Taxes (DGT) ruled that these prizes constitute capital gains and that gambling losses can only be offset up to the limit of the gains obtained within the same tax period.

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2022-02-09PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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