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V0289-22 ·15 February 2022 ·consulta-vinculante Medium impact
Tax

Payouts from betting do not reduce turnover, but are operating expenses

An online betting company asks whether prize payments to players should be deducted from turnover or recorded as an expense. The DGT states that, under accounting rules, prizes are not part of turnover but are necessary operating expenses of the business.

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2022-02-15PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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