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  #1  
Old 05-14-2005, 05:50 PM
Arnfinn Madsen Arnfinn Madsen is offline
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Posts: 449
Default Not looking to cheat on taxes........................

..........since winning in poker (as long as each pot is under $1,5k (and they usually are at 1/2)) is tax-free in Norway.

But what is the best option for withdrawing money which will either be transferred to other sites and spent?

Netteller? If Netteller, is there any traps I need to avoid. All advice appreciated.
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  #2  
Old 05-14-2005, 08:44 PM
Arnfinn Madsen Arnfinn Madsen is offline
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Default Re: Not looking to cheat on taxes........................

Bump
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  #3  
Old 05-14-2005, 09:08 PM
obsidian obsidian is offline
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Default Re: Not looking to cheat on taxes........................

I use Neteller to do most of my inter-site transfering. It is generally fairly quick and free.
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  #4  
Old 05-14-2005, 09:13 PM
tomdemaine tomdemaine is offline
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Default Re: Not looking to cheat on taxes........................

Neteller is good but not free if you have an account in a currency other than dollars. They take 3.9% for conversion, hurts the bonus whorer's edge.
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  #5  
Old 05-14-2005, 09:18 PM
Arnfinn Madsen Arnfinn Madsen is offline
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Default Re: Not looking to cheat on taxes........................

But can I solve this by having a debit card connected directly to the Netteller account?
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  #6  
Old 05-14-2005, 09:29 PM
Guthrie Guthrie is offline
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Default Re: Not looking to cheat on taxes........................

I'm no expert on Neteller, but why couldn't you have a separate US Dollar bank account for transactions to and from Neteller, and let your own bank make the conversion only when you withdraw?
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  #7  
Old 05-14-2005, 10:01 PM
Bremen Bremen is offline
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Default Re: Not looking to cheat on taxes........................

I believe most people keep their Neteller accounts in USD and then only do the conversion whenever they cashout funds to their bank. This way you can move money between sites without paying fees.
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