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Acidmouse
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« Reply #105 on: November 12, 2008, 04:35:42 PM » |
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Thats alot of tax to pay  |
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LeKnave
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« Reply #106 on: November 12, 2008, 04:40:33 PM » |
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lol thts so fkin sick, demidov got like double eastgate. srs in your eye moment. should've arranged a deal and thrown it hu imo. |
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GreekStein
Hero Member
Hero Member
 Offline
Posts: 20728
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« Reply #107 on: November 12, 2008, 04:46:44 PM » |
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@GreekStein on twitter.
Retired Policeman, Part time troll.
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action man
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« Reply #108 on: November 12, 2008, 04:49:53 PM » |
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so so sick.
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Gamblor21
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« Reply #109 on: November 12, 2008, 04:53:45 PM » |
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They will use a tax avoidance scheme to not pay that much tax. |
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Hear me knocking... Let me in then!
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Colchester Kev
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« Reply #110 on: November 12, 2008, 04:57:38 PM » |
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Mugs should have just said Flushy staked them ... no tax.
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LeKnave
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« Reply #111 on: November 12, 2008, 05:01:59 PM » |
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They will use a tax avoidance scheme to not pay that much tax. yeah, stick it to the man imo. |
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Longy
Professional Hotel Locator.
Learning Centre Group
Hero Member
Offline
Posts: 10040
Go Ducks!
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« Reply #112 on: November 12, 2008, 05:21:27 PM » |
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Mugs should have just said Flushy staked them ... no tax.
Yeah if any of the finalists want to claim I staked them for a cut, please shoot me a pm. |
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dino1980
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« Reply #113 on: November 12, 2008, 05:55:05 PM » |
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From dos plus dos
Originally Posted by kspr View Post
Let me correct this quickly.
Peter Eastgate moved to London in September just after EPT Barcelona, and will therefore NOT be eligible to pay taxes of the entire prize. The $900k that he was already paid in july is going to be tax eligible, and the percentage will be around 55% and definitely NOT 75%.
The rest of the money ($8.2 million) is tax free, as it was earned while being a citizen of London.
I'm Danish and working as a poker journalist, and this info is at least how things looks like at the moment, but the story has undeniably caused some head lines in the tabloid papers today.
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LeKnave
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« Reply #114 on: November 12, 2008, 05:57:15 PM » |
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From dos plus dos Originally Posted by kspr View Post Let me correct this quickly. Peter Eastgate moved to London in September just after EPT Barcelona, and will therefore NOT be eligible to pay taxes of the entire prize. The $900k that he was already paid in july is going to be tax eligible, and the percentage will be around 55% and definitely NOT 75%. The rest of the money ($8.2 million) is tax free, as it was earned while being a citizen of London. I'm Danish and working as a poker journalist, and this info is at least how things looks like at the moment, but the story has undeniably caused some head lines in the tabloid papers today. lol so shrewd. |
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AndrewT
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« Reply #115 on: November 12, 2008, 05:57:31 PM » |
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I read somewhere he only had 20% of his action anyway.
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dino1980
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« Reply #116 on: November 12, 2008, 06:06:17 PM » |
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I read somewhere he only had 20% of his action anyway.
AFAIK that was Demidov, he was backed for 23 prelim WSOP events and WSOPE by a backer on an 80-20 basis. He was $150k in the hole prior to WSOP apparently. |
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LeKnave
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« Reply #117 on: November 12, 2008, 06:11:30 PM » |
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I read somewhere he only had 20% of his action anyway.
AFAIK that was Demidov, he was backed for 23 prelim WSOP events and WSOPE by a backer on an 80-20 basis. He was $150k in the hole prior to WSOP apparently. seems more likely, doesn't eastgate play 200/400NL online pretty doubtful he'd need backing @ 80/20. |
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rossfourfive
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« Reply #118 on: November 12, 2008, 06:16:33 PM » |
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Whats the crack with winning money in the US if you're a British Citizen then? Does it get taxed at the top tier rate or does it fall into a different category?
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gribbo
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« Reply #119 on: November 12, 2008, 06:25:53 PM » |
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was gona stick money on this guy to win it a few weeks ago, couldnt see any bookies that would take bets. What u reckon the odds were?
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Author