Brazilian poker to be analyzed by Sports Ministry
On Oct 8th, Igor "Federal", Texas
Hold'em Brazilian Confederation president posted a video where he explains in details what had happened in the last months which led to a formation of a group study by Sports Ministry to make poker legal here in Brazil
. By making it legal I mean regulations.
Poker is legal here. It doesn't have a regulation though. It may souns strange to some of you but this is where we are right now as there jurisprudence regarding this matter.
This should be great news and only great news but might not be. Brazil is having economic issues and poker can be a great source of taxes.
For those who don't work here we pay taxes that vary from nothing (those really poor people) to 27.5% (for those whose wage is about US$ 1,250/month... yes, I'm not wrong).
We are 5 million poker players. BSOP (Brazilian Series of Poker) is the 2nd most important sport event here. First one is Brazilian Soccer League (and soccer here is HUGE).
My concern is the tax government intends for us who play poker regardless it's recreational like me or for pros.
And you, how is it (reagrding taxes) in your country?
Does poker have a regulation? How much is your tax?
If you're Brazilian, what do you think?
My source is A. Akkari's post which is in Portuguese.
If you want it, let me knnow I post it here.
Thanks for reading!