[jpablo]

Spain had this: Tax winnings but not deduct looses. It creates situations like these: https://www.chess.com/news/view/francisco-vallejo-chess-tax-...

[I-M-S]

> He called his treatment by the authorities "disgusting" as the administrators were aware that he actually made a loss, but nonetheless they claimed almost all of his savings. "Nobody is responsible for such craziness."

Welcome to the modern Western society, in which employees have been reduced to litigation-avoidance automatons. No wonder so many people hate their jobs, stripped of any power to help or even just follow common sense.