Sports betting can now constitute income-earning activity for tax purposes
The Supreme Administrative Court of Finland held that although success in sports betting is partly based on chance, sufficiently extensive and systematic betting activity can constitute income-earning activity for tax purposes. Read on LinkedIn
Finland’s gambling affiliate ban: Misunderstandings and consequences
Affiliate marketing is a performance-based form of marketing where a business pays an affiliate for customers or business generated through the affiliate’s website or other channel. Affiliate marketing is a large and growing industry. Read on LinkedIn
An EU gambling operator hit with a €1.2m conditional fine by the Finnish National Police Board
The Finnish National Police Board considered the operator to be targeting Finnish players. The decision gives a good idea of what the National Police Board looks at when deciding whether a foreign operator is targeting Finland. Read on LinkedIn
A groundbreaking casino tax ruling confirming taxation based on gaming sessions outside the EEA
By a close vote, the Supreme Administrative Court of Finland has now confirmed that a player can have taxable income from online casino gambling outside the EEA even if their gambling results in an overall loss for the tax year. Read on LinkedIn
A Finnish individual was taxed on 15.6 MEUR of online casino winnings despite an overall net loss
Although the gambling activity resulted in an overall net loss of approximately 200 KEUR, the Supreme Administrative Court held that the winnings constituted taxable income, whereas the losses were non-deductible. Read on LinkedIn