🎰 Casino Games Taxation (per Session)
Below you will see exactly how taxation works per session in casino games, as well as the tax coverage policy by the company.
Important: Even if there is tax coverage on certain brackets, the tax must me withheld first, for legal reasons, and then it returned to the account. In case you are valid for tax return but it hasn't been credited yet. Log out from your Stoiximan account and log back, the tax return should show up shortly.
📊 How the tax is calculated (Bracket)
The tax calculation is done progressively per gaming session:
- Up to €100: Tax-free (€0 tax)
- From €100.01 to €500 (Tax Bracket A): 20% tax (maximum bracket tax €80)
- Over €500 (Tax Bracket B): 30% tax
🎁 Tax Coverage Policy by Stoiximan
- Winnings up to €500: Stoiximan covers the tax entirely (up to the €80 cap) and you receive all your winnings in full.
- Winnings over €500 (e.g., €501): The coverage does not apply. The tax is withheld entirely from the winnings for the whole amount above the tax-free limit (€100).
Up to €500, the tax will be withheld for documentation reasons but the money will be returned the same day once the Session Limit is reached
⏱️ Session Limit (Maximum duration 24 hours)
- A gaming session closes upon logging out from the account or automatically 24 hours after its start.
- As soon as the session closes, the automatic calculation and withholding of the tax (if any) takes place. At this point, any withheld tax, up to winnings within €500, will be returned and be ready for withdrawal
- The withheld tax is not refunded nor can it be offset against a subsequent session.
💳 Bonus Settlement
- If the member plays with a Bonus, the session may close automatically as soon as the wagering requirements are met, so that the corresponding tax can be allocated.
📈 Tax Calculation & Coverage Examples
Below is a table with practical examples for a better understanding of the deductions and coverage based on the new tax rates:
| Net Session Winnings | Corresponding Tax | Stoiximan Coverage | Final Amount to Member |
|---|---|---|---|
| €80 (Tax-free) | €0 | - | €80 (In full) |
| €300 | €40 (€300 - €100 = €200 × 20%) |
✅ YES (€40) | €300 (In full) |
| €500 | €80 (€500 - €100 = €400 × 20%) |
✅ YES (€80) | €500 (In full) |
| €600 | €110 (€80 for the first €500 + €30 for the next €100 × 30%) |
❌ NO |
€490 (Withholding €110) |
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