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Taxes in income from Pokerstars in Greece per session Taxes in income from Pokerstars in Greece per session

11-22-2013 , 09:59 AM
Quote:
Originally Posted by Joe Pulaski
yes this is obv coming from stars/ft
They shouldn't apply for licenses where the taxation regime destroys the game. They have a huge voice in poker and could have made it clear that they would not support this theft.

The idiotic French system where there is tax on cash games even if there isn't a flop should have been lobbied against as well.
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 10:13 AM
my condolences to all greek players on their black friday, mindboggling stupidity.

also, politards lookin real stupid itt
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 10:16 AM
Quote:
Originally Posted by leviathan74
Oh yes, fantastic. All the global economists and political scientists have descended into this thread to enlighten us with their deep knowledge of Greece, European integration, monetary economics, Macroeconomics and the Politics of Economic Reform.

All of that based on a couple of stories they saw on TV and a book by Michael Lewis.

Please tell us more.
As i said I feel deeply with ordinary people in greece who has nothing to do with the corruption and suffers from it, but I can`t really feel with Greece pokerplayers if you look at the situation in greece from a bigger perspective.

I mean people starve that`s a bigger concern imo
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 10:22 AM
yea ppl starve so they try to make a few extra $ from poker... but no the government doesnt let them...
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 10:24 AM
Quote:
Originally Posted by bundy5
The question is: but for Greece's financial position, would we be seeing a tax grab like this? Probably not - but in saying that, the damage has been done and I don't think it is proper in this thread at least to dwell on what may or may not have caused their dire financial position.
I'm not so sure it's even a tax grab, as I'd imagine that the result of this is that the amount of Greeks playing internet poker will fall to almost zero. I'd imagine it is either some sort of politicians attempt to prevent money flowing out of the country via gambling.
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 10:25 AM
Quote:
Originally Posted by z0fman
yea ppl starve so they try to make a few extra $ from poker... but no the government doesnt let them...
Most of the people playing poker are losing money, not making it.
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 10:29 AM
yea but everybody should be free to choose how they spend their money... i know even in the US ppl cant do that...
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 10:32 AM
Quote:
Originally Posted by z0fman
yea ppl starve so they try to make a few extra $ from poker... but no the government doesnt let them...
Quote:
Originally Posted by Hoopie1
Most of the people playing poker are losing money, not making it.
Quote:
Originally Posted by z0fman
yea but everybody should be free to choose how they spend their money... i know even in the US ppl cant do that...
You're saying two totally different things:
1) You are stopping people earning money - the net effect of playing poker on the Greek population, or that of almost any population, is that they will lose money playing poker.
2) They're losing money overall but that's okay because it's their money - I agree, but it is a completely different argument to the one you started out with.
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 10:36 AM
people pls stay on topic and stop debating on gambling etc
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 10:43 AM
well there are the few ppl who are making money and most who dont so theres the two categories... this new system affects both cause most of the population
will lose their money even faster... cause when they occasionally win they will get immediately taxed for it... and the ppl who are actually making decent money... and yes there are a few who do that even in greece... they will prob lose that ability altogether... im guessin alot greeks are withdrawing their balances as we speak anyway...
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 11:00 AM
These parodies of ****ing political clowns in Greece have hidden billions that they spent on military for several years when showing their numbers to get into the EU. Our politicans lacked balls and brain to check them closely and denie their wish to enter the EU.
Now they tax poker in a way that resembles how a fat, stupid and broke, but greedy kid is getting his sausage-fingers stuck in a candy-machine when trying to grab something for free, while he forgot to take a look through the winodw to see its empty, in the first place.
They are pissing against the wind till the day they drown, stupid ****ing greek politicans!

Last edited by Paralimbic; 11-22-2013 at 11:11 AM. Reason: .
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 11:01 AM
microgaming and ongame should thank Stars for this move...
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 11:08 AM
Just have to congratule Stars for accepting this crap, really. I am not Greek but anyone has emailed the or something?
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 11:08 AM
Quote:
Originally Posted by Hoopie1
Most of the people playing poker are losing money, not making it.
maybe you miss something itt?
EVEN if overall u are a losing player, you will be taxed if you have a winning session in one particular day from 7am to 7am next day (greek local time). u got it now?
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 11:13 AM
greek are genious, with this tax scheme you can even tax losing player
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 11:18 AM
Quote:
Originally Posted by rondecuba2
maybe you miss something itt?
EVEN if overall u are a losing player, you will be taxed if you have a winning session in one particular day from 7am to 7am next day (greek local time). u got it now?
I didn't miss anything - I got it before.
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 11:19 AM
sad news indeed... a couple of years ago i tried to advise some officials from the ministry of finance on the subject and explain to them how the poker economy works. They clearly had no interest whatsoever to understand they just considered it another lottery type of business and their only concern how how do players deposit and cashout! of course their tax revenue now will be minimal as nobody that takes the game seriously will play from Greece instead of devising a logical tax scheme that could work for everyone! shame we prove shortsighted once more even though I must say some things in Greece are moving in right direction nowadays even tho at slow pace!
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 12:08 PM
Quote:
Originally Posted by kYndr
Just have to congratule Stars for accepting this crap, really. I am not Greek but anyone has emailed the or something?
Sure, Greek gov mailed Stars and asked if it's ok for them to put taxes. Stars snap responded YES, let's do this f*ck!
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 12:27 PM
Quote:
Originally Posted by leviathan74
Not worth it. Your best bet is to become a rakeback pro... in which case, you pay nothing.
I'm a "rakeback pro"... Just calculated for myself...
I would pay 10k$ in taxes for 25k$ rakeback.

0$ winnings
25k$ rakeback
10k$ tax on winning days
-----
15k$ profit

So that's not 20% tax, but 40% effectively.
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 12:36 PM
This is just outrageous. And any other countries that are secretly lol'ing at this new change had better realise that sooner, or later, its gonna be the same for every country. RIP ONLINE POKER
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 12:43 PM
Quote:
Originally Posted by LolZombies
This is just outrageous. And any other countries that are secretly lol'ing at this new change had better realise that sooner, or later, its gonna be the same for every country. RIP ONLINE POKER
Have you got any evidence to suggest this is the case?
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 12:50 PM
Nothing is finished yet. First of all the only site that did anything about the new tax system is pokerstars (and full tilt ofc) but in a totally unpokerstars like manner someone might add. Hastily and with no previous warning. All the other sites keep things as usual (taxing sport bets as they did for a while now) but normally we should guess that they will have to make changes too.

However the fact that only pokerstars acted makes things suspicious. I dont think that anyone believes that pokerstars people dont know that if they're the only ones that have a tax, people will move out. So whatever they did they did it knowing that. For sure we have a lot more to see here.
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 12:53 PM
Well, i started to play in 2008 daily. Since visiting this site, ive learned that FRANCE/SPAIN,ITALY have at least been segregated, plus a few more i think? USA, got completely ****ed outa the market, and are likely going to be segregated state by state, or at the very least, USA only. I saw a thread about the Aussies being messed with recently, and now i read about this in GREECE. There are threads popping up every other month with strict and somewhat crippling legislation's. So, yea, looking back over the years, i believe, UK and Ireland will be amongst others to go the same way.
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11-22-2013 , 01:04 PM
Quote:
Originally Posted by ReliableSource
dont derail...isn't this how us non professional americans are taxed on live sessions? (online is dif obv, or maybe it is...)
Non pro Americans have to show their gross winning sessions (live or online)for the year on their 1040 under "Other Income". They can then deduct their losses (up to the amount of their winnings) on Schedule A. Of course in order to use Schedule A you have to itemize.

This is different from withholding. In some cases casinos and other entities will withhold funds from large jackpots or winnings. The taxpayer can then get part of those withholdings back when they file their returns if they have documented losses that they can show.
Taxes in income from Pokerstars in Greece per session Quote
11-22-2013 , 01:07 PM
Quote:
Originally Posted by Nikiforos86
Sure, I'm already here. Represent.
Can you give us more info?
Any good links?
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