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||WATCH: Day 2 Of High Roller Cash Game|
|2||Super High Roller Cash Game To Be Livestreamed|
|3||Duhamel Wins 2015 $111,111 One Drop High Roller|
|4||Jamie Gold Makes Final Table At 2015 WSOP|
|5||WSOP $111,111 One Drop Draws 135, Colman Leads|
|6||Phil Mickelson Tied To Illegal Online Gambling: Report|
|7||$500k Buy-In Super High Roller Bowl Draws 43 Entries|
|8||Several Pros Have Shot At WSOP Record|
|9||Kostritsyn: 'I Can’t Rest...If I'm In A Big Downswing'|
|10||Screenwriter Wins WSOP $1,500 Dealers Choice Event|
|1||Phil Ivey Still A No-Show At 2015 WSOP|
|2||Cops: Deaf Poker Champ Killed While Trying To Buy Weed|
|3||WSOP Rookie Proving Himself With Deep Runs|
|4||WATCH: Day 2 Of High Roller Cash Game|
|5||Hellmuth Wins 14th Bracelet In 2015 WSOP $10k Razz|
|6||Super High Roller Cash Game To Be Livestreamed|
|7||WSOP $50K Event Sees Lowest Ever Turnout|
|8||Poker Pro Phil Ivey Loses $968K Online|
|9||Online Cash Game Legend Eyeing WSOP Bracelet|
|10||Duhamel Wins 2015 $111,111 One Drop High Roller|