PRIZE MONEY POLICY

PRIZE MONEY POLICY
Here you will find all the information on how to claim the prize money in DreamHack official esport tournaments, Hackathons, Kreativ, Cosplay and all other competitions with cash prizes arranged by DreamHack. The following rules apply to all contestants and are non-negotiable.

NOTE: If you are a winner of a esports tournament at DreamHack Austin, Contact gary.briggs@dreamhack.com for more information on how to claim your prize money. For team based game one person is responsible for claiming the money if claimed as a private person

1. PRIZE MONEY GENERAL RULES


1. The recipient of the prize money is the individual person or company/association/non-profit organization that has registered for the specific tournament.
2. The winner/s must be present at:
a. The Prize Ceremony.
b. Media interviews and connected photo-shoot.

2. PAYOUT POLICY


1. Competition prizes must be claimed within 30 days after the event.
2. Prize money will be paid within 90 days of the end of the event.
3. All prize money is paid in SEK or USD. (Depending on tournament / competition)
4. Prize money is only exempted from tax and social fees if the winning team is organized as a company/association/non-profit organization.
5. Private individuals will receive money as salary, this according to Swedish Tax Law. DreamHack AB must therefore deduct both a general payroll tax and employment tax from the won prize amount, before the money is paid out to Individuals(see 4).

3. INVOICE POLICY


1. The invoice shall be made out to:
DreamHack AB
Address: TELEFONVÄGEN 30,4TR, SE-126 26 HÄGERSTEN, Sweden
VAT No: SE556845876301
2. For invoices within the EU the VAT number has to be written on the invoice, if, by local tax law, no VAT number is needed this exception has to be stated clearly on the invoice. (EXEMPLE: EXEMPT FROM VAT ACCORDING TO LOCAL REGULATIONS)
3. The invoice shall have a due date 90 days from the time the end of the event.
4. The invoice shall be marked with:
a. NAME OF TOURNAMENT STOP (I.E DREAMHACK WINTER 2013)
b. NAME OF TOURNAMENT AND PLACEMENT (I.E. COUNTER-STRIKE GLOBAL OFFENSIVE, PLACE 2)
5. The invoice shall be issued in SEK.
6. The invoice shall contain bank information including IBAN & SWIFT/BIC

4. INDIVIDUAL CONTESTANT NON-RESIDENT OF SWEDEN


1. The Swedish government will see the prize money as salary.
2. DreamHack AB must therefore deduct both a general payroll tax and employment tax from the won prize amount, before the money is paid out an individual.
3. If you are a non-resident of Sweden, you have to download the form “DreamHack Prize Money” and fill in all the information and make a photo copy of your passport. All papers shall be delivered to DreamHack by email.

4. INSTRUCTIONS
a. Download the form PDF or XLS
b. Fill in all information correctly
c. Make a photo copy of your passport
d. Hand the form and photo copy of passport to your admin at location and send it by email to DreamHack.
e. Email: prizemoney@dreamhack.com

PLEASE NOTE: DreamHack will deduct “Special income tax on non-residents” and social taxes before the transfer of the money. The normal handling time for The Swedish Tax Agency is 4-8 weeks so please make sure to send us the documents as soon as possible. Depending on the winners residency the “Special income tax on non-residents” will be different, please contact your local tax offices for current rates and fees.

5. INDIVIDUAL CONTESTANT RESIDENT OF SWEDEN


1. The Swedish government will see the prize money as salary.
2. DreamHack AB must therefore deduct both a general payroll tax and employment tax from the won prize amount, before the money is paid out an individual.
3. Mail prizemoney@dreamhack.com with the following information:
a. Full name
b. Swedish person number
c. Telephone
d. Mobile phone
e. Email
f. Home Address
g. Name of the bank (eg Swedbank)
h. Clearing Number
i. Account Number

QUESTIONS?


Mail: prizemoney@dreamhack.com

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