Re: No tax for European poker players!!
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For some time, the consensus has been that EU citizens should not pay taxes when playing at sites within EU, but it's not always easy to know where a site has its legal base.
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That is false. Poker winnings are taxed in EU, but only in the land where the operator is. As it happens the tax on poker in UK/Gibraltar/Malta etc is 0% so effectively it is tax free for the player.
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This isnt true, there are no EU wide tax rules.
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The praxis in EU is that there isn't supposed to be double taxation. EU has a tax directive, you know.
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And this does work differently if I were to win the WSOP the tax agreements in place with the US for the UK mean I wouldnt have to pay tax on the winnings even though its taxable in the US.
Trouble is these tax things are all complex and murky and every country has their own rules ans quirks that in these ebusiness times dont make sense (all the vat rules round europe are a pain as well).
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