Re: tax implications of using identity other than your own.
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a question i have regarding this practice is are there any important tax implications that i should be aware of.
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As long as you are paying taxes on your poker winnings, there should not be any problems. You have constructive control over the "foreign" accounts.
It is worth noting that, if at any time during the year, you have more 10K combined under your control in foreign assets (that would be Neteller+all Poker rooms + anything else), that you are required to file a disclosure document!
The possible penalties for not filing the disclosure are as severe as not paying your taxes.
You should reveiew your financial situation with a qualified tax advisor!
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Good to know. Thanks for the info.
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