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Reply To: MORE bad news… Poker in the UK

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#722997
Anonymous
Inactive

Okay all other discussions aside for a moment because I know zilch about poker. But is their not Poker Pros? You know the people who actually make a living off playing the game. I find it interesting because in Canada gambling winnings are 100% tax-free. A few years back a guy in Montreal living quite well his only employment was playing Poker. Yeah he had the nice house, a few cars, and a huge stash of cash the only job gambling.

Anyway the Canadian Government became rather interested in this fellow. He had not paid federal or provincial taxes in more than ten years. After being questioned he simply said to the authorities I make my living playing Poker. The Canadian government said so its’ a job? and is taxable. This fellow eventually ended up in court only to have all charges dismissed. Winnings from gambling proceeds are not taxable, after all who could possible make a living from it? This guy certainly did and continues to do so still to this day.

Anyway, I would consider this fellow to be a skill Poker player.

Greek39