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The tax question - cashing out poker money in Norway
Say I want to withdraw $40k from a poker account. The money is won in cashgames, so no single win of more than 10000NOK, which means no tax IIRC. I want most of the money in my bank account. What would be the wisest way to do it?
Is cheque a good alternative? It seems to have the lowest cost in terms of fees. But I'm sceptical to walking into a local bank with a cheque like that. I imagine they will put me on some list of "suspects", and I imagine that the police will be notified too. I guess there is the same risk with a regular bank transfer too. Neteller cashout is both expensive (currency exchange fee) and impractical (cash..). Does anyone have experience with this? And is there any precautions I should take? |
Re: The tax question - cashing out poker money in Norway
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Re: The tax question - cashing out poker money in Norway
That's a very good thread, but unfortunately it doesn't answer the specifics about norwegian autorities and tax.
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