To me the poker companies have it right. If they have taxes to pay, they price their product differently. And I do think that they have a legitimate claim to make that they were operating in a grey area in which there wasn't any tax to be paid.

Also, if I am a poker company, there's a very simple calculation that makes me to not pay back taxes to any one country. If I do so, I open the window to dozens of other countries to lay their claims on me and I ve set a precedent. The result to their bottom line could be disastrous.

Regardless of legalities, if larger poker companies refuse to apply for a license in Spain - and I think they won't- then that defeats the whole purpose of legislation which is getting the goose's golden eggs. Spain would probably have to back off.

http://www.pokerplayer.co.uk/news/la..._the_year.html dont know how credible this is

whats happening on the 23rd? don't really follow this thread

Chinamaniac gets lynched or something.

or made a saint, or likely nothing

Chinamaniac has been awfully absent from this thread lately.

99.9% He's already started the party

[img]http://**********/orig/201108/31/2011-beleza-celebration-champagne-cheers-**********-134387.jpg[/img]

<------------------ has a life

nothing worthwhile to discuss obv

I don't particularly support the position Spain has apparently taken with regard to taxation of internet service providers; however, the ideas floated that the internet poker rooms were exempt from sales and income tax because they were not regulated or operated in a gray area, are without any legal support. On the other hand, the idea that offering services or product to citizens of a country makes you subject to taxation, and liable for tax, on that portion of your business, is consistent with traditional legal rulings on cross border transactions.

What is not clear is whether it has only been raised in the context of granting a license or whether there have been ongoing discussions regarding this matter. Articles such as
http://www.marketwatch.com/story/g-p...ain-2012-05-18
make it sound as though it is only within the regulatory context but the response of PS sounds as though this is an issue they have been aware of for some time.

The EU concept of no retroactive taxes is in the context of new taxes. This case is about the application of long standing corporate/business tax that was allegedly avoided or evaded by these businesses. Not paying tax doesn't make the later claim for it, by taxing authorities, a retroactive tax.

As to US internet service product providers, they have been a special case, given initially a special exemption by Congress. That has not been readily accepted by the states, see Amazon/California dispute for example, and such legislation (exempting internet providers from sales/VAT tax), to my knowledge, has not been enacted anywhere in Europe. And in any case, the US does not exempt these organizations from income tax.

Except for the part where someone mentions your name and you quickly reply to tell them that you have a life.

i love coming here wondering whats going on w/ the five figures i have locked up only to see people bickering like ten year olds. happens everytime and i LOOOOVE it

Of course. The claims in Spain stay mainly in the game.

That is what Amazon told the State of Texas when hit for a similar sized bill for sales tax. Ultimately they negotiated and settled and Amazon has to collect taxes going forward. It is possible something similar happens here although I think Spain has more leverage against pp than Texas did against Amazon. While I understand the EU collective offers a level of recourse I don't think it matches the federal government in the US.

Because of the way sales tax laws were written in the US amazon probably could have prevailed in a long court case. I don't know that pp has that some legitimacy in fighting these taxes.

If I had fivfigs locked up i would be heading over there with a machete in my carryon. Nvg ain't gonna pimp you no fivfigs dawg.

Double teaming lot lizards with Scotty m for 20 quid = life

This is inevitable and poker will be bigger online then ever. It will just not be worthwhile for people trying to make a living.

People keep thinking it is the grinders and pros who create the profits. All the money in poker will come from recreational players who will not be scared off by rack back increases due to taxes.

Yeah, every state gonna want to collect the revenue from their own citizens' losses. Post regulation we'll all be looking to make hay while the sun shines. Won't take long for the games to dry up.

I think the tax collections by Spain and the future tax collection by states once it goes legal here will all come down to the NEXUS laws of the area.

Hi, anyone know if in case that Pokerstars, FTP, Doj deal doesn´t work we will receive a percentage of our money?

If not where will go the frozen dollars?

Thanks.

From where? 6mil $ that was in FTP account in last june?

i guess for every 1000$ , just something like $ for one hamburger if we are lucky.

it's probably a longggg shot, but here's to this week China being right. Would be somewhat of a poetic ending imo.

If not....

China said third week of may didn't he? the week that just ended?

omfg

2+2 hatred = Chinamaniac >>>>>>>>> Lederer >>>> Hitler >> Chino Rheem >> Mother Teresa >> Phil Ivey

Quiet before the storm?

Would it be accurate to say there May be an announcement Soon?

Cliffs:

On May 1st I wrote a story which stated that the third week of May the announcement was expected because that's what I was informed.

Last week I received more information that player payouts were more complicated than originally thought but manageable and being worked on. I was also informed of a few other minor kinks that were being worked out and that an announcement should be by the end of the week or early this week 99.9 %

2+2 members obv didn't believe a word I said

I said I was willing to have another reputable party confirm and did have Todd "Dan Druff" Wittelles confirm via Twitter I wasn't just making this stuff up

And here we are today. If I get more info things have changed for better or worse I will post. As far as I am aware nothing has changed and I am expecting an announcement in the coming days

BY the 24th right?