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Taxing esports tournament winnings correctly – players and organizers need to pay attention to this

Hello everyone!
I'm currently experimenting with avatars and voiceovers for my videos.
Hopefully I'll have my own avatar of myself ready soon.
Until then, you can find out everything you need to know about taxation of esports tournament winnings in this video.
When is prize money taxable?
How are they taxed?
Do you need an invoice with VAT?
And what do players and organizers need to pay attention to in order to avoid liability risks?
The answers can be found in the video.
You can find a detailed blog post on the topic with lots of additional information, links and practical tips here: https://itmedialaw.com/esport-turniergewinne-wann-und-wie-sind-sie-zu-versteuern/WennIf you have any questions or need advice on taxes and contracts in esports, please get in touch with me.
My team and I will support you as competent partners so that you can concentrate on playing successfully!

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