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Old 02-10-2005, 03:45 PM
spadeclub99 spadeclub99 is offline
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Join Date: Mar 2005
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Default Re: Playing poker abroad and paying taxes

The United States, alone amoung all countries in the world, taxes its citizens on all worldwide income. This is the case regardless of your residency, such that even if you have not stepped foot in the US in 20 years and your income has no link to the US, you are still liable for US taxes on that income. It can be offset by various deductions you can take and credit you can get for foreign taxes paid, but it still must be declared as gross income.
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