Comments on: How Much Money In Taxes Do You Pay For Playing Online Poker?

By: BC

BC — Mon, 07 Dec 2009 22:53:00 +0000

depends on the country.
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By: fah-q

fah-q — Mon, 07 Dec 2009 16:21:20 +0000

simply don’t pay it…if the press finds out you pay the tax and a small amount of interest and say ”mr. president, it would be too much of a distraction to your administration and I respectfully decline the cabinet appointment” !!!!!!!!

By: LegFuJoh

LegFuJoh — Mon, 07 Dec 2009 15:08:32 +0000

Depends on the country.
Then it depends on your income. (And of course, if you declare it).
If you make 20K a year, then you’d add the 5K and pay taxes on 25K. If you make 100K a year, then you’d declare 105K and pay taxes. You’d pay a higher rate of taxes if you made 105K..
It’s income tax, not a gambling tax.