Quote:
Originally Posted by luke_brabin
Hey guys,
Joey, I'm afraid there's still no credit for Poker Asia Pacific but plenty for the "reputable" offshore guys in your SMH article, submission and speech. It appears like you're some sort of figurehead now for Australian Online Poker but forgot to mention Poker Asia Pacific at all.
Here's Poker Asia Pacific's original change.org petition from August 2016 after the first Australian site was shut down by the AFP and others allowed to continue to operate - not a word about that from you. Alliance?
https://www.change.org/p/help-us-reg...r-in-australia
Joey Del Duca, from out of the blue and founder of AOPA, made this petition on change.org in December 2016 and it was the first post on his newly created Facebook page: Australian Online Poker Alliance.
https://www.change.org/p/keep-online...edium=copylink
They are amazingly similar, right down to the heading and image used.
Joey told me that he didn't even know about Poker Asia Pacific's petition. He said he heard about PAP's petition one month after he created it. Really?
If it is true, it is not very well informed of him, for a figurehead, however, he told me; "he just saw something", and then had the idea to make his own petition on change.org and subsequent FB page.
It is precisely how it was done by Poker Asia Pacific on its Facebook page 3 months prior.
Thankfully, the senators will be the judge on this.
I do admit Joey has helped the cause, however, a little credit where credit is due would have been appreciated...
Thanks guys.
Hi Luke,
I agree that you have had some unfair grief here and maybe you were out in front before everyone else. Me? I've been banging on in the UK for better poker regulation for many years, long before the 2014 Act. This has included tax treatment of VIP points - different for poker promotions (discount on fixed fee) to marketing expenses for other gambling like free bets (not tax deductible), geolocation, trivial things like top up and auto rebuy that were threatened in the UK, third party software, bots, player fund protection, self exclusion, including ability to exclude from everything but poker, pursuing colluders and botters as criminals under the 2005 UK Act that makes cheating a criminal offence, excessive licensing costs for poker sites, the confusion around B2B and B2C firms in poker networks.
There are others with skin in the game and years of work on this stuff. Hours spent reading tax docs or remote technical standards, hours more responding to consultations, meetings with regulators, nagging about things like site disclosure on player funds seized for cheating and compensation paid....the list is endless.
From my experience, you are barking up the wrong tree by seeking back taxes on a retrospective basis. The Aus/Uk legal structure will not allow this for what I think are fairly obvious good reasons. I'm sure you can work them out. Not least that there is no current mechanism in Aus for taxing offshore firms, unlike the UK Point of Consumption tax that came in post the 2014 Act.
The UK tax system means wherever you are based you pay 15% of revenue on UK business but you pay zero for everywhere else. This is a tax advantage compared to some (OK Gib is only 0.5% and capped at £500k so not much) but in theory, if you ignore corporate taxes (which are also fairly low in the UK) basing in the UK makes tax sense but if they don't the UK gov gets it's pound of flesh anyway.
This is the tax model your mainly Aus business should lobby for copying, not some punishment past tax regime based either on total profits or Aus business that was not taxable at the time. That's a dead end - no chance.
Having listened to the hearing and reread it now our side was a little too dismissive of problems like cheating, bots, software, a level playing field. Obviously this is the right position when the question is prohibition or regulation BUT once the gov chooses regulation then there is still a huge job to make that regulation (and tax) fair. The UK model is undoubtedly the best yet but it still needs improvement and Aus have not even started on the tricky questions - including cheats.
I guess my point is that WHEN you/we win the argument for regulation then the same enthusiasm and participation is needed to get the regulation right, and I hope that you Luke can help with that.