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***Official June [Censored] Thread LC/NC*** ***Official June [Censored] Thread LC/NC***

06-18-2014 , 08:10 PM
An example of what bugs me. Nothing against you Dante. I think poker is actually pretty good for dispelling this line of logic. Its the equivalent of putting a person on AA as opposed to a range.

Quote:
Originally Posted by DanteA
And honestly because some of the muslims have objectives like creating sharia states, this religion frightens me.

Last edited by jaimestaples; 06-18-2014 at 08:17 PM. Reason: Edited out the gender specific word because I clearly gotta go full left wing here.
06-20-2014 , 01:07 AM
Wonder how our English friends feel?
06-20-2014 , 07:39 AM
the irony of your avatar when you post that
06-20-2014 , 05:29 PM
But I'm not English.
06-20-2014 , 05:38 PM
Quote:
Originally Posted by GizYaChips
Wonder how our English friends feel?
wonder how would they feel after they will lose 3rd one to mighty COSTA RICA?
06-20-2014 , 05:53 PM
So for Stars Football Fever All-in Shootouts:

25000 players bet for Italy
2300 players bet for Costa Rica

I know almost nothing about international football but this was easy to go with Costa Rica. This has been happening all week.
06-20-2014 , 05:59 PM
yeah I've done the polar opposite of public opinion for every game on that basis. Unfortunately I didnt qualify for either of the costa rica games (or spain v holland) and have yet to see a penny.
06-20-2014 , 06:12 PM
I won $1.5 a few days ago. The Italy Costa Rica challenge was to play an mtt...
06-20-2014 , 06:27 PM
heh, guess I didnt play that day. Thought I'd only missed the ring games and deposit ones.
06-21-2014 , 11:00 AM
Quote:
Originally Posted by LostOstrich
heh, guess I didnt play that day. Thought I'd only missed the ring games and deposit ones.
just spend 20 seconds playing nl2 zoom
06-21-2014 , 11:07 AM
Islamophobia - “a word created by fascists, and used by cowards, to manipulate morons.”
06-21-2014 , 02:16 PM
Quote:
Originally Posted by gettym
Religion - “a word created by fascists, and used by cowards, to manipulate morons.”
Fyp
06-21-2014 , 09:32 PM
***Official June Religion Thread***

Stahp it pls.
06-23-2014 , 01:26 PM
I don't understand that tax issue when you're buying action for WSOP or generally some USA livements.

Let's say US citizen sell action for local livements to non-US citizen who transfers via stars.
Why do Us citizen require some tax form?
Why can't he pay taxes for investor share and send post taxes profit to investor (total amount minus taxes he payed himself)?
06-23-2014 , 01:36 PM
Quote:
Originally Posted by user12345
I don't understand that tax issue when you're buying action for WSOP or generally some USA livements.

Let's say US citizen sell action for local livements to non-US citizen who transfers via stars.
Why do Us citizen require some tax form?
Why can't he pay taxes for investor share and send post taxes profit to investor (total amount minus taxes he payed himself)?
1) Due to progressive taxes, the more a player earns in a year the higher tax rate he has

2) He can pay taxes for investor share but that is not the correct way to do it so why do it that way?

The tax form required basically notifies the government who earned money from the win. Without filing that form they are going to assume the player won it all and expect the player to pay tax on the entire win.

Regardless of how you payed the player, if he wins a lot of money that win is recorded and submitted to the Govt.
06-23-2014 , 01:44 PM
Ok (1) is a legit reason if so. We have fixed rates afaik.

I'm not sure but if non-us investor pay taxes for his US profits to US coffers doesn't he also have to pay taxes at home for his abroad profits? However I understand it might be wrong or at least country dependent.

Last edited by user12345; 06-23-2014 at 01:47 PM. Reason: thanks
06-23-2014 , 01:53 PM
I'm not sure what you are asking but taxes are almost always country dependent.
06-23-2014 , 02:14 PM
Wouldn't investor have to pay taxes twice?
06-23-2014 , 02:32 PM
Pretty sure a non-US investor doesn't pay taxes to the US gov't (though he may have to pay taxes on his investment earnings to his home country), the tax form you referred to basically just exists so you can claim a percentage of the cash as yours, resulting in the player not paying taxes on something he didn't actually earn

Not an expert tho, so might be way off here
06-23-2014 , 02:46 PM
Quote:
Originally Posted by BakinC00kies
Pretty sure a non-US investor doesn't pay taxes to the US gov't (though he may have to pay taxes on his investment earnings to his home country), the tax form you referred to basically just exists so you can claim a percentage of the cash as yours, resulting in the player not paying taxes on something he didn't actually earn

Not an expert tho, so might be way off here
this
06-23-2014 , 02:46 PM
Some non-US investors do pay taxes to the US on their winnings due to various treaties or lack of treaties their home country has with the USA.

For example a Canadian buying action of an American who goes on to win a WSOP event will have to pay tax on the winnings. Most (all?) .eu countries are tax free in the USA.
06-23-2014 , 02:53 PM
In general I think you get a tax credit so your own government doesn't double tax you on earnings you already paid taxes for. At least that's how I think it's done in the US, seems likely other countries do the same.
06-25-2014 , 04:52 PM
gr**rzy on stars = GREEEEAR?
06-26-2014 , 12:38 AM
Quote:
Originally Posted by DanteA
gr**rzy on stars = GREEEEAR?
ship tha $$$
06-26-2014 , 08:20 AM
Quote:
Originally Posted by DanteA
gr**rzy on stars = GREEEEAR?
nope, friend of mine. Just some Canadian schlepp

      
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