Quote:
Originally Posted by v3g4nFish
Ok, forget I play. He plays.
Questions are:
1) Is it legal to play online poker for brazilians?
2) Does he have to pay taxes in case of winnings?
Trying those questions in Google finds, for example:
As per Brazil gambling law Poker is considered as a game of skill, skill-based games are legal world-wide. ... There are no online Poker sites based in Brazil, and operating such a website would likely require a license. Brazilian players are free to play on any international Poker site.
There have been some very aggressive attempts by the government to stop residents from internet gambling but all have been largely unsuccessful. As it stands, gambling in Brazil is widely popular and flourishing despite condemnation from the government. ... The Brazilian government does tax lottery winnings. Both local and foreign winners must pay 30%. With foreign winners, the taxes are deducted at the source while residents must claim winnings on their income tax. Those that win at bingo or at the race track do not need to pay taxes. With internet gambling being illegal, there are obviously no taxes on internet winnings.
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As one of the booming countries for poker, Brazil is a serious destination for poker players looking for a new life. But you have to know that it is an ultra-conservative country for gambling. Although there are many moves afoot to try to regulate and legalize online gambling (as in the US, it’s the budgetary arguments which might sway things in poker’s direction) it is still a long way off. So, like in Thailand and other places, your online poker career will be ‘unofficial’ and your tax-paying will therefore follow the usual routes of a) not declaring it or b) declaring it as something else. ...
For cash game players (and online players wishing to pay tax of some sort, although obviously from a non-gambling profession) ... You’ll basically be paying a monthly tax bill calculated over a year’s earnings, and the rate varies – with three tax brackets from 0% up to 27.5%.
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If your friend's style of play suddenly changes, his account may be closed while PS investigates it.