Spain Now Taxes Poker Players The Same As Professional Athletes

professional poker player taxes
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Spain has announced that the Treasury now considers poker a sport and that they will tax poker players the same way as professional

Like most good poker related questions, the answer is “it depends” If you are a citizen, all poker winnings are taxable This applies to Americans playing Answer by Michael Shinzaki, former professional poker player: I have played poker on the professional level for the better part of the past

lottery tickets online buy As a general rule, a rate of 24% on winnings over $5,000 are usual Deductions Due to Expenses A poker professional can deduct a variety of The income tax law treats the winnings from gaming tournaments as winnings from online gaming and taxes them at 30% under section 115BB of the