Spain's New Poker Tax Rules: What You Need to Know

The taxation of poker winnings in Spain will be based on net gains, with losses deducted.

The IRPF model in Spain is progressive and based on income brackets and personal circumstances. Poker winnings are considered capital gains and are added to the general tax base. The minimum vital is a tax concept that refers to the minimum income needed to cover basic needs. The minimum vital was 5,150 euros until 2011, and it is applied directly to the tax base.

The tax rate for income up to 17,707 euros is 24.75%. The tax rate for income between 17,708 and 33,007 euros is 30%. The tax rate for income between 33,008 and 53,407 euros is 40%. The tax rate for income above 53,408 euros is 47%. The minimum vital increases by 1,836 euros per year for each child.