Consider giving payouts as gifts
Join Date: Dec 2007
Posts: 1,317
Since you're already toeing the line with the sweepstakes model, why not take it a step further. Since nobody pays to enter the MTTs, perhaps the top finishers could receive a cash money gift as a reward. The advantage of this model is that in the US, only the giver of gifts pays tax, the recipients do not.
I do not know if Global Poker is subject to us tax, but if not, if our gold coin purchases are going to foreign entities, there may be some favorable scenarios that could develop from such a model.
