Day 1b is done and we have our final 10 players. Young Oh is leading the pack with 604,000, which puts him atop both starting flights. The player known as DD had the chip lead ...
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.
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