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sep
15

Denmark upholds Lower Court ruling to tax online poker winnings

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

Denmark upholds Lower Court ruling to tax online poker winnings  0   
damn....does anybody here got experience with such issues ?

     
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But wasnt it so that Peter eastgate didnt have to pay any taxes in the end ? He like switched nationality or something ?

     
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eastgate moved to london dont know if he did pay the taxes

     
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Wow. Hope this kind of laws never get to my country hahaha, but I guess it will end happening.

     
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If I'm right, and I think I am, he moved to London just before the tournament, so he didn't have to pay the taxes in Denmark..

     
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That is serious tax rate, I would be inclined to move elsewhere too if I had to pay those kinds of taxes

     
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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

Liv ftw Heart xoxo Heart Marry Me Heart

     
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is their any website, where i can get informations about taxes regarding poker incomes ?

Would really like to have some informations about tax rates in other european countrys...


     
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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.

     
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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)...

     
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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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yep that is indeed hard and very unjustified...

     
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