Quote:
Originally Posted by sixfour
Wait, Stars actually tell you to indulge in tax evasion? I find that hard to believe, but regardless, oh well, pay your taxes
Edit - thinking about it I can see why Amaya would say that, if it's taxed you can't then lose it to them in rake
I don't think it is tax evasion. I don't really know much about Greece tax system, but from the little I do know this seems to be completely standard.
Greece's tax system is awful. Players get taxed every day on winnings from that day. If you have a losing day, nothing happens that day, but you cannot use the losses to offset winnings on other days.
But if you register for a tournament that starts in a month (for example), then the buy-in is deducted from winnings you had that day. Then later if you unregister before the tournament starts, then on the day that you unregister you have winnings in the amount of the buy-in.
So, as I understand, what people do if they have a winning day is they register for a tournament far in the future to reduce their wins on that day for tax purposes. Then when they have a losing day they unregister from the tournament, so they can use that day's losses against the income from unregistering.
I guess I don't actually know whether it is tax evasion or completely fine, but it seems like everyone does it and I think PokerStars even creates tournaments that are pretty much just for people to register/unregister as described above. I guess I've always assumed it was legal to do.
The above might not all be completely accurate. I don't really know much of anything about the Greece tax system; just a little of what I have picked up from 2+2.
From what I can tell, the Original Poster was in a tough spot here. He was credited money that he didn't actually win and so wasn't his. If he used it to register tournaments with the plan to unregister later, then he would technically be using money that is not his. But if he did not register those tournaments, then he wold get charged tax on the money that he received that isn't his.
And what PokerStars did was (i) mistakenly credit money to his account, (ii) after he registered and unregistered from tournaments one day (presumably with the intention to re-register the next day (I don't know why this was necessary unless original poster was trying to give Stars a chance to take back the money and fix the mistake)) lock his account so that he couldn't register for tournaments the next day to offset the incorrect winnings, (iii) pay tax from his account to the Greece government based on the incorrect winnings, (iv) remove the incorrect winnings from his account causing his account to go negative since they already took some of those winnings to pay taxes on them and (v) accuse original poster of taking advantage of the mistakenly paid winnings and spending such money so that he now has to re-pay them; from the original poster's story the "spending" of the money was Stars taking it to pay taxes on income that the original poster shouldn't have actually had.
I would hope that PokerStars could fix this issue for him and fix their reporting to the Greece government and recover the incorrectly paid tax.
Assuming the story in the original post is 100% accurate it doesn't seem the original poster did anything wrong. PokerStars gave him money by mistake (the "
Incorrect Payout"). PokerStars took money from him to pay to Greece taxes on the Incorrect Payout. PokerStars then took back all of the Incorrect Payout because it was mistakenly paid in the first place, which created a shortfall in the original poster's account since a percentage of the Incorrect Payout was already taken from the original poster's account by PokerStars and given to Greece, and demanded the original poster pay the shortfall without giving back to the original poster the money they took to pay to Greece the taxes on the Incorrect Payout.
Probably a comedy of errors with support people at PokerStars not understanding what is happening, resulting in them demanding that original poster effectively pay back greater than 100% of the money that PokerStars mistakenly paid him and blaming him for trying to take advantage of the mistake and "spending" some of the money (spending by PokerStars taking it to give to Greece).
I would hope that once somebody at Stars realizes what happened, they would be able to fix it.
Last edited by Lego05; 01-21-2018 at 03:35 PM.