Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > Internet Gambling > Internet Gambling

Reply
 
Thread Tools Display Modes
  #31  
Old 11-26-2005, 08:02 AM
mattw mattw is offline
Junior Member
 
Join Date: Oct 2003
Posts: 12
Default Re: Country with most lenient tax law towards poker income?

the cost of alcohol and smokes would negate any income tax advantage. [img]/images/graemlins/cool.gif[/img]
Reply With Quote
  #32  
Old 11-26-2005, 09:28 AM
rsigley rsigley is offline
Junior Member
 
Join Date: Apr 2005
Posts: 1
Default Re: Country with most lenient tax law towards poker income?

[ QUOTE ]

If you smoke or drink you'll get hit hard with duties there, Expect to pay around 4 ($8) for a pack of 20 ciggies, 2 ($4) for a pint of beer in a pub(more in nightclubs or upmarket places) and 15 ($30) for a bottle of Jack Daniels from a supermarket.


[/ QUOTE ]

those are the same prices as in NJ, not much different
Reply With Quote
  #33  
Old 11-26-2005, 10:18 AM
KaneKungFu123 KaneKungFu123 is offline
Senior Member
 
Join Date: Feb 2005
Posts: 1,026
Default Re: Country with most lenient tax law towards poker income?

[ QUOTE ]
[ QUOTE ]

If you smoke or drink you'll get hit hard with duties there, Expect to pay around 4 ($8) for a pack of 20 ciggies, 2 ($4) for a pint of beer in a pub(more in nightclubs or upmarket places) and 15 ($30) for a bottle of Jack Daniels from a supermarket.


[/ QUOTE ]

those are the same prices as in NJ, not much different

[/ QUOTE ]

But the chicks are so much hotter!!!!
Reply With Quote
  #34  
Old 11-26-2005, 11:52 AM
Allinlife Allinlife is offline
Senior Member
 
Join Date: Sep 2004
Posts: 154
Default Re: Country with most lenient tax law towards poker income?

out of curiosity, how do they distinguish if poker is your primary source of income? do they look at how much % your poker income is in comparison to your annual income or...what?
Reply With Quote
  #35  
Old 11-26-2005, 01:18 PM
excession excession is offline
Junior Member
 
Join Date: Jul 2004
Posts: 18
Default Re: Country with most lenient tax law towards poker income?

LOL

I spent a month living in small town Florida once - trust me it was much drearier than the UK even if the sun did shine !

UK has no tax on gambling winnings and you could always just use it as a base whilst you travelled around playing poker - all you need is a laptop + internet connection or even an internet cafe right? Fiji, Oz, New Zealand, Thailand, Estonia, Denmark, Italy, Spain, Prague - all nice places to be [img]/images/graemlins/smile.gif[/img]

Not sure if Uncle Sam taxes you when out of the country anyway - I know that unless you spend 90+ days/year in the UK you aren't ever classed as tax resident there
Reply With Quote
  #36  
Old 11-26-2005, 01:26 PM
excession excession is offline
Junior Member
 
Join Date: Jul 2004
Posts: 18
Default Re: Country with most lenient tax law towards poker income?

Gambling winnings are not taxed at all in UK.
Nor does playing poker count as a trade or job so I can't see that it would even be breaking the terms of a tourist visa. I think there is also a longer working visa available to Canadians but you would need to check that.
Any UK grandparents would entitle you to UK passport anyway - any EU grandparents would probably enable immigration to be honest.

Canadian citizens may be able to get access to free NHS healthcare - just check your travel guidebooks.. access to healthcare in the UK does not depend upon you being a taxpayer. If you are a tourist you might get cheap travel insurance anyway.

Cost of living is fairly high in most of the nicer cities but apart from a tax levied as a contirbution to local services (based on the value of the premises you are living in) averaging about 1000/yr there will be no other mandatory direct tax on you.
Reply With Quote
  #37  
Old 11-26-2005, 02:38 PM
Guest
 
Posts: n/a
Default Re: Country with most lenient tax law towards poker income?

Grandparents are no longer sufficient to ensure a UK passport/citizenship. The only sure way is for your mother to be a UK citizen. Father is sufficient if he was legally married to your mother at the time of your birth in a jurisdiction recognized by the UK OR if you were born before Oct 1, 1982.

Also, without residency, the EU can bar you from entering on a tourist visa if they feel you're a de facto resident avoiding the immigration process. Once barred it is very, very difficult to reenter any EU country.
Reply With Quote
  #38  
Old 11-26-2005, 05:29 PM
ChipFish ChipFish is offline
Member
 
Join Date: Oct 2004
Posts: 35
Default Re: Country with most lenient tax law towards poker income?

[ QUOTE ]
Incorrect.

Gambling income for professional gamblers is taxable income in Canada.

see: Alvin J. Luprypa, Appellant, and Her Majesty The Queen, Respondent 1997 CarswellNat 765, [1997] 3 C.T.C. 2363, 97 D.T.C. 1416

[/ QUOTE ]
Only if this is your "primary" source of income.
Reply With Quote
  #39  
Old 11-26-2005, 05:34 PM
excession excession is offline
Junior Member
 
Join Date: Jul 2004
Posts: 18
Default Re: Country with most lenient tax law towards poker income?

I doubt the UK immigration service exactly focuses on Candians on tourist visas though ! [img]/images/graemlins/smile.gif[/img]
Reply With Quote
  #40  
Old 11-26-2005, 06:25 PM
Guest
 
Posts: n/a
Default Re: Country with most lenient tax law towards poker income?

Question: If you had citizenship with any other country besides the UK in the European Union, how would that change your ability to reside in the UK? Would I then be able to live there freely? I would assume it would at least make the process much easier..
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 08:06 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2022, vBulletin Solutions Inc.