I'm lucky enough to qualify for the Fortnite World Championship (Creative $ 3,000,000 in prize money). Now the question arises, how does this pay with the taxes, because the event takes place in New York, must I pay for USA star and then also in Germany? Or how does that work? Recommended you me vllt a tax consultant to visit? Am a bit overwhelmed by the whole thing and I'm just very curious
First you have to win the thing, then you can think about the taxation.
Basically, however, gambling winnings in Germany are tax-free. How it looks in the US, you have to find out there.
In what way is gambling?
Well, so to speak, I've already won Entwas because I was invited to dor I get to 100% a part of the 3 million
The invitation is still no profit and how much iwrd actually paid, is not yet determined. Gambling in the tax law sense is that too. As I said: First you have to have the money, about the rest you worry about when the time comes.
You understand!
