Denmark is well-known for having one of the most heavy-handed taxation codes of any country in the EU. Peter Eastgate who took down $9.1 million when he won the WSOP last November, was taxed at a 45% rate for the first $4 million he earned and at 75% for the remainder of the money, leaving the youngest WSOP champion ever with an estimated $2.5 million in prize money.The Danish Supreme Court ruled [...] Read more » Denmark upholds Lower Court ruling to tax online poker winnings
Joined: Nov '07
Location: Belgium
Age: 40 (M)
Posts: 1289
Funny he they are taxing so much. and this is what I get in my maibox from a contact of mine/ manager of this room :
We have just received news that the Danish government has listed HollywoodPoker as a no-tax website.
Tell your players from Denmark that it is OFFICIAL.
The Danish tax authority has added HollywoodPoker to its very exclusive list of poker rooms. Now Danish players can enjoy HollywoodPoker and be assured that their winnings will not be taxed
Joined: Nov '08
Location: United Kingdom
Age: 47 (M)
Posts: 2194
THOSE DANS ARE CRAZY THATS DAYLIGHT ROBBERY If i was him id say i dont live there anymore and just up and leave straight away.. You could live anywhere with that sort of prize money.
Joined: Apr '09
Location: Portugal
Age: 44 (M)
Posts: 4827
And i use to talk bad things about portuguese government, i dont even want to know what passed on Eastgate's head when they took pice of his prize... But at least dennish all have beautiful lifes and dont need to worry about his future (not all but most of)...
Joined: May '09
Location: India
Age: 37 (M)
Posts: 4873
omg thats crazy amounts to pay as tax. its difficult enough for some people to be a winning player and when they manage to win, a big chunk of it goes to government,.............. sick
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