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||Phil Ivey Countersues Borgata Over Disputed $9.6M|
|2||Trailer Released For Highly-Rated New Gambling Movie|
|3||MIT Poker Course Online To Watch For Free|
|4||Canadian Poker Pro Dies In Ultralight Plane Crash|
|5||A Poker Life: Brandon Barnette|
|6||Jason Les: 'Future Is Pretty Strong For Poker Bots'|
|7||Poker Strategy With Rep Porter: Betting Scare Cards|
|8||Poker Strategy: Make Their Scare Card Your Scare Card|
|9||Online Poker: Viktor Blom Has $350,000 July|
|10||Matt Matros: Who Gets To Play?|
|1||Negreanu Busts Hellmuth Deep In WSOP Main Event|
|2||November Nine Set In 2015 WSOP Main Event|
|3||Negreanu Finishes 11th In WSOP Main Event|
|4||2015 WSOP Main Event: Negreanu Headlines Last 27|
|5||Hellmuth, Ivey Battle At Crazy Day 1 Table|
|6||WATCH: Day 2 Of High Roller Cash Game|
|7||Money Bubble Looms at 2015 WSOP Main Event|
|8||Neuville Leads 2015 WSOP Main Event After Day 5|
|9||Kelly Minkin: Last Woman In WSOP Main Event|
|10||Main Event: Nearly 1K Players Eliminated On Day 2AB|