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Old 11-16-2005, 01:12 AM
chuddo chuddo is offline
Junior Member
 
Join Date: Aug 2004
Posts: 20
Default tax implications of using identity other than your own.

already having an old party ccount i cannot immediately take advantage of rakeback under my own identity.

a number of affiliates recommend using a family member or friend's identity when creating a new account and this is what many players have resorted to in order to get properly signed up at party.

a question i have regarding this practice is are there any important tax implications that i should be aware of.

if i am passing $100k+ through someone else's identity, could this complicate tax issues for both parties involved?

any information is much appreciated.
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