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  #1  
Old 07-15-2005, 11:38 AM
punter11235 punter11235 is offline
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Join Date: Mar 2005
Location: Poland
Posts: 198
Default Poker money in countries when its semilegal

Hello all !

This is not the question for all happy Americans who can safely pay their taxes and enjoy tha money.
This is the question for all the players who can make significant money and who live in countries when legal status of online poker is not clear (Poland is one (mine) example). Who do you do with your winnings ? Where do you keep your money ? (national banks, offshore accounts - if yes where ?).
Do moving to other country (Germany, England) solve this problem) ?
Anybody has any experience in this area ?

Best wishes !
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  #2  
Old 07-15-2005, 12:03 PM
deception5 deception5 is offline
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Join Date: Aug 2004
Posts: 59
Default Re: Poker money in countries when its semilegal

[ QUOTE ]
This is not the question for all happy Americans who can safely pay their taxes and enjoy tha money.
This is the question for all the players who can make significant money and who live in countries when legal status of online poker is not clear (Poland is one (mine) example).

[/ QUOTE ]

The legal status is not clear in America either....
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  #3  
Old 07-15-2005, 12:13 PM
Uglyowl Uglyowl is offline
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Posts: 66
Default Re: Poker money in countries when its semilegal

If you make money selling drugs in America you are still supposed to pay taxes on it.

Paying taxes and the legality of an activity are exclusive of each other.

Doesn't mean poker is illegal, but just wanted to point that out.
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  #4  
Old 07-15-2005, 12:14 PM
punter11235 punter11235 is offline
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Join Date: Mar 2005
Location: Poland
Posts: 198
Default Re: Poker money in countries when its semilegal

I mean I cant pay taxes in Poland even if have desire to do so. So this money are practically speaking illegal. But , fortunately, nobody here really cares. (Same problem with sportsbetting in other countries and so on).
Ive read some posts here about guys who said things like :
"I hate USA, because I paid already 0.5 of the big one in taxes" so I guess there is possibility to make the money legal in USA. It seems that this possibility is no existing in my country.

Best wishes
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  #5  
Old 07-15-2005, 12:20 PM
Uglyowl Uglyowl is offline
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Default Re: Poker money in countries when its semilegal

There is a clear divide in the U.S. from the Internal Revenue Service (tax collector) and the legal branch (at least there is supposed to be.

All income is supposed to be reported to the IRS, whether it is prostitution, drugs, gambling, working a traditional job etc. This is what is supposed to be done, but generally I am sure drug dealers do not send the IRS a chunk of there earnings, though by law they are supposed to.

Because you pay taxes on the money doesn't make it illegal or legal. It sounds like Poland is different.
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  #6  
Old 07-15-2005, 02:08 PM
Mr Gee Mr Gee is offline
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Join Date: Jul 2004
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Default Re: Poker money in countries when its semilegal

Well moving to the UK would solve your problem if you wanted to do that. Gambling is legal in the UK, and as far as I am aware gambling winnings are tax free.
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