Artem Metadili completed the small blind, Jon Turner raised to 255,000 out of the big blind, and Metadili announced he was all-in for 1,380,000 total. Turner asked the dealer for a count, but as soon ...
UK Online Poker Facing Tax Threat
UK Government To Introduce Point of Consumption Tax on Gambling
The UK government yesterday announced it was to introduce a new tax on gaming operators including those based in overseas jurisdictions which serve UK players.
The tax, to be implemented by December 2014, will also likely apply to online poker operators and is expected to be levied at 15 percent on gross profits.
The government statement said, “The current taxation regime for remote gambling has allowed operators to avoid paying UK gambling duties by basing their operations abroad. To broaden the tax base and provide a fairer basis for competition between UK and overseas remote gambling operators.
“Budget 2012 announces that the Government will move to a tax regime that ensures operators anywhere in the world pay gambling duties on gross profits generated from customers based in the UK. This is in line with the actions of several other European
Previously online gambling companies serving the UK pay tax at the point of supply, that is, from where they operated.
|1||Final Nine Set For 2016 WSOP Main Event|
|2||Raymer Not Impressed By Being Last Former Champ Left|
|3||2016 WSOP Main Event: 80 Players Remain After Day 5|
|4||Josephy Headlines Final 27 In 2016 WSOP Main Event|
|5||Damon Impersonates Malkovich From 'Rounders'|
|6||Someone Paid €110,000 To Player Poker With Ed Norton|
|7||2016 WSOP: Colman Among Leaders With 200 Left|
|8||CPPT Venetian: Thomas Paul Leads Final 16 Players|
|9||CPPT Venetian: Erick Lindgren Leads Final 62 Players|
|10||Kuljinder Sidhu Wins Bellagio Cup XII Main Event|
|1||Poker Pro Folds Quads To All-In Bet In Main Event|
|2||Final Nine Set For 2016 WSOP Main Event|
|3||Fedor Holz Wins 2016 WSOP $111,111 High Roller|
|4||Man Runs Up $10K Into One Drop Buy-In Playing BJ|
|5||Phil Ivey Enters First And Only WSOP Event In 2016|
|6||Raymer Not Impressed By Being Last Former Champ Left|
|7||Mercier Proposes To Girlfriend At Final Table|
|8||Man Pays $10K To Enter Ladies Event At 2016 WSOP|
|9||2016 WSOP Main Event: 80 Players Remain After Day 5|
|10||Money Bubble Bursts In 2016 WSOP Main Event|