If I were to make a big score-say in the 1Mill gurantee for 10k, do I have to report my winnings at the end of the year and can I legally keep my winnings?
Each country will have its own taxation policy, here in Brazil all earnings must be declared annually to the government, any undeclared gain is illegal.
Depends where you live I am lucky in UK all winnings are never taxed I think it is ridiculous that anyone is taxed on poker winnings,do they take your losses into account I dont think so.
I have doubts if in Brazil is possible to you declare your poker winnings. I never know this happen. Did you?
I have doubts if in Brazil is possible to you declare your poker winnings. I never know this happen. Did you?
Depends where you live I am lucky in UK all winnings are never taxed I think it is ridiculous that anyone is taxed on poker winnings,do they take your losses into account I dont think so.
I live in Canada and all lottery/gambling wins are tax free. Even if I win $60 million lottery it’s all tax free.
Not sure if there is any taxation based on where the poker site is located. Anyone have any info on that?
I’ve never been lucky (good) enough to have any amount that’s worth taking out.