Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Do Irish players get taxed if they win in WSOP??

Options
  • 19-04-2009 9:50am
    #1
    dougee19
    Registered Users Posts: 1,361 ✭✭✭


    The title says it all really, and it is a question most of you will probably know..

    I always thought that if you win big in the WSOP you get to keep all profits, I was talking to other players lately, from other countries who also don't have taxes and he is pretty much after convincing me I was wrong, can anyone please tell me who is right??


    bottom of wsop schedule says this


    "
    All winners will be required to provide a valid picture ID.
    Tax forms will be completed for those with winnings in excess of $5,000 net of event buy-in.
    Players without a Tax Identification Number and Foreign Players from Non-Tax Treaty Countries are subject to up to 30% tax withholding.
    "

    link: http://www.worldseriesofpoker.com/tourney/tourneydetails.asp?groupID=607


Comments

  • Options
    #2
    RoundTower
    Registered Users Posts: 5,083 ✭✭✭RoundTower


    short answer: you are right


  • Options
    #3
    bohsman
    Registered Users Posts: 8,881 ✭✭✭bohsman


    No, Irish players dont get taxed as there is a tax treaty. Fill in an ITIN.


  • Options
    #4
    dougee19
    Registered Users Posts: 1,361 ✭✭✭dougee19


    bohsman wrote: »
    No, Irish players dont get taxed as there is a tax treaty. Fill in an ITIN.

    thanks :)
    what is an ITIN though? I'm not used to the tax stuff


  • Options
    #5
    bohsman
    Registered Users Posts: 8,881 ✭✭✭bohsman


    http://www.irs.gov/individuals/article/0,,id=96287,00.html


  • Options
    #6
    RedJoker
    Registered Users Posts: 1,461 ✭✭✭RedJoker


    I wouldn't worry about it too much dougee ;).


  • Advertisement
  • Options
    #7
    ianmc38
    Registered Users Posts: 7,754 ✭✭✭ianmc38


    lol!


  • Options
    #8
    Tar.Aldarion
    Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 60,089 Mod ✭✭✭✭Tar.Aldarion


    haha


  • Options
    #9
    Tony3004
    Closed Accounts Posts: 287 ✭✭Tony3004


    when u arrive

    go to any of the big poker rooms
    bellagio, rio

    ask floor manager or usual TD for ITIN they will sort it all out,


  • Options
    #10
    Padraig06
    Closed Accounts Posts: 132 ✭✭Padraig06


    Tony3004 wrote: »
    when u arrive

    go to any of the big poker rooms
    bellagio, rio

    ask floor manager or usual TD for ITIN they will sort it all out,

    Good advice.Bellagio particularly helpfull with this.24 hours and youre in business


Advertisement