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  #1  
Old 11-27-2005, 12:07 PM
ChrisMonkeymaker ChrisMonkeymaker is offline
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Join Date: Jun 2005
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Default Re: \"Foriegn Earned Income Credit NOT allowed for Pro Gamblers\"

[ QUOTE ]
The other issue I wondered abut is whether legally you can play as a corporation, or are you really playing for a corporation? When I say "legally", I guess I'm wondering about specific terms and conditions for playing in certain tournaments.

[/ QUOTE ]

I am curious about this myself. My guess is that you would be playing as some agent (employee) of the corporation and therefore for the corporation. I am still waiting for info on whether tournaments would allow this corporation arrangement. This was talked about in another thread but no one made a post on whether this is possible. Hopefully, this will change in this thread.
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  #2  
Old 11-27-2005, 12:45 PM
Holden97 Holden97 is offline
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Default Re: \"Foriegn Earned Income Credit NOT allowed for Pro Gamblers\"

So many tournament players have backers, what's the difference in the corporation being your backer? Corporation pays player $X to play the tournament and player returns Y% of winnings to Corporation. Case closed.

(By the way, that is a hypothesis, not a statement)
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