Re: Country with most lenient tax law towards poker income?
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I'm going to visit the tax manager of the firm I used to work at, and find out if this is true, my suspicion is that it's only true for hobby players.
Mack
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Your suspicion is incorrect, gambling winnings are subject to a tax rate of 0% there is no cut off to a higher level.
Player sponsorship may be another matter and if you were purely playing as a pro then you may want to keep your ni stamp up but apart form that then there is nothing to pay.
I can see this changing in the future but there will be one hell of an uproar when it does, its hard to say when a hobby ends and a living starts.
There an article somwhere on the mob site that explains it in more detail.
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Hope so, we'll need a case to find out, this online thing has really opened a can of worms as far as I'm concerned.
Mack
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