German Poker Pro Appeals Taxes On Winnings
Poker: Game Of Luck Or Skill? Answer Will Decide German Court Ruling
A former poker player is appealing against having his winnings of more than $1 million taxed. According to Tax-News.com, the test case is being looked into by a tax court in Cologne, which will have to conclude whether or not the game relies on luck or skill in order to reach a decision.
The tax authorities have demanded tax to be paid on the German player’s winnings from 2001 to 2008 with the argument that professional poker players are carrying out a commercial activity, relying on skill rather than chance.
The plaintiff’s argument is that his success relied mainly on luck and that skill and a player’s influence does not guarantee a win.
A verdict will be decided upon this year. In the meantime, hundreds of poker players in Germany are facing this problem.
|1||Jason Mercier Close To Bracelet No. 3|
|2||Glaser Wins WSOP $10k Omaha 8/OB Championship|
|3||A Poker Life: Mike Shariati|
|4||Martin Kozlov Wins WSOP $10K Six-Max NLH Event|
|5||Final Table Set At CPPT bestbet Jacksonville Main Event|
|6||California Online Poker Bill Moves Out Of Committee|
|7||Michael Gathy Wins His Third WSOP Bracelet|
|8||2016 POY Update: Fedor Holz Takes The Lead|
|9||Moore Wins 2016 WSOP Super Seniors Event|
|10||Tech is Changing Business Model For B&Ms|
|1||Selbst Could Owe Mercier $1.8M In Controversial Bet|
|2||Disgraced Poker Player Returns To The WSOP|
|3||Jason Mercier Close To Bracelet No. 3|
|4||Lederer Follows Ferguson, Makes Return To WSOP|
|5||Rainer Kempe Wins 2016 Super High Roller Bowl|
|6||Dan Bilzerian: Kevin Hart Is Terrible At Poker|
|7||Jason Mercier Wins His Second Bracelet Of 2016 WSOP|
|8||2016 WSOP Colossus II Draws 21,613 Entries|
|9||Super High Roller Bowl: Matt Berkey Leads Final 16|
|10||NFL Player Busts WSOP Main Event Champion|