Taxes

EllinLucky

EllinLucky

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Which is the tax on gain poker in your country?
How do you pay for it or do not pay it?
 
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Amdrius

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I live in Belarus. At us the tax to a prize makes 12 percent that is equivalent to surtax. For payment, you need documents confirming receipt of the winnings, for example, an extract from the bank account, in which it is indicated where the money came from. The tax is paid once a year for the reporting period in total for all transactions.
 
YoSoyMarce

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In my country (Venezuela) nobody pays tax, the online game is not regulated, Venezuela is a paradise for a pokerstars player
 
Iryna Stryzheuskaya

Iryna Stryzheuskaya

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I live in Belarus. At us the tax to a prize makes 12 percent that is equivalent to surtax. For payment, you need documents confirming receipt of the winnings, for example, an extract from the bank account, in which it is indicated where the money came from. The tax is paid once a year for the reporting period in total for all transactions.
It's strange. I also live in Belarus, but I pay a tax of 13% of my winnings.
 
TakinOver

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In my country (Venezuela) nobody pays tax, the online game is not regulated, Venezuela is a paradise for a pokerstars player

Awesome...Hope your cleaning up. That sounds like paradise. Lol.
 
Pharaoh39

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Not sure I want to deal with the cold winters in Canada, but it sounds like it's money to be made.
 
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kidrock1211

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i plead the 5th lol
 
sryulaw

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as far as I know, wsop tournaments, and others, the tax is collected at Source, there is a video on YouTube that Akkari explains about it, When you earn a very high value and you need to take the money, or make transfer, through that I understand is collected at the source already, in Vegas and in brazil you do not have to pay anything.
 
Pokerguy6666

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I LOVE CANADA! No Taxes on gambling winnings.
 
TakinOver

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The U.K and Canada do not tax gambling winnings.

Awesome. I do plan on moving to Canada one day. Hopefully not to long from now. Hoping im accepted there since i am Mexican and have no clue what to expect. I would love to be tax free on my winnings. I would be back on pokerstars man that would be great.
 
bmw13

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Yep if you are a winning player you should think about tax... i believe a great country is Malta.
 
Ebsonip

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Here in Brazil I do not know, I hope it has not tax hehe
 
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oldolm

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in my country is not paying taxes, winnings are not eligible to taxes
 
Douglas Gonzaga

Douglas Gonzaga

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Here in Brazil, it imposes a tax on everything, but they still have not discovered how to collect poker money, which continues for a long time.
 
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cheeeer

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Anyone heard about austria? I heard there's some preferences in Austria but don't know which.
 
Pharaoh39

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lovemiscou

lovemiscou

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So you just play and no taxes? What's the cost of living like up there?

Some things are same price as in states, like meals in restaurants, gas is more expensive then in the states and sadly alcool beverages are more expensive here also. I think that the cost of living is a little higher then in the states but we have free medicare but we don't have your beautiful warm weather . It's the perfect time to emigrate, the prime minister is putting the migration number up to 340 000 for a few years.
 
Pharaoh39

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Some things are same price as in states, like meals in restaurants, gas is more expensive then in the states and sadly alcool beverages are more expensive here also. I think that the cost of living is a little higher then in the states but we have free medicare but we don't have your beautiful warm weather . It's the perfect time to emigrate, the prime minister is putting the migration number up to 340 000 for a few years.

I have a friend that lives in Toronto. I'm thinking of getting my money up and stay out there for 6 months. Trying to avoid the winter. So maybe the summer.
 
Herkstwin

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Not sure I want to deal with the cold winters in Canada, but it sounds like it's money to be made.
Global warming is making Canada a much warmer place these days! haha
I play in Canada and the US. My winnings in the US have never reached the threshold where I have to pay a stupid 30% tax.
 
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