CRISPPOKER
Hello and welcome to crisppokerforums , Please log in or register to access the forums,
There is many reasons to regester with us such as :

* access to the chatbox
* lots of top poker promotions
* upto date information on all of our freerolls
* access to all our bonus codes for different sites
* share / read storys from other poker players
* learn to play poker
* Daily poker news from around the world
* All the news about dec 1st 2014 and what it means for uk poker

We also have inside a very nice US section for players from the united states, In This section is reviews of all LEGAL poker clients

Thanks for visiting crisppoker forums,

Look forward to chatting to to you all in our busy chatbox

ADMIN


World Series Of Poker Runner-Up To Pay More Than Half Of Winnings In Taxes To Norwegian Government

View previous topic View next topic Go down

World Series Of Poker Runner-Up To Pay More Than Half Of Winnings In Taxes To Norwegian Government

Post by jock2007 on Thu Nov 20, 2014 9:15 pm

Brian Pempus wrote:World Series Of Poker Runner-Up To Pay More Than Half Of Winnings In Taxes To Norwegian Government
Felix Stephensen Reportedly Has Not Lived In London Long Enough

The Norwegian government also finished runner-up in the World Series of Poker main event and it didn’t even have to buy-in.

Second-place finisher Felix Stephensen will lose slightly more than 50 percent of his $5.14 million in winnings, according to a report from English-language Norwegian news portal The Local.

Though me moved to London, Stephensen reportedly has not lived outside of Norway for long enough to be exempt from the country’s tax. The report said that he has only lived in in the U.K. for 2.5 years, six months short of the requirement.

Norway has had strict anti-online poker laws, but it is easing up on those.

The fact that he is a professional poker player is the reason why the tax is so high, the report added.

For the average Norwegian, the prize money would be eligible to 27 percent tax. For Felix Stephensen, the situation is different. He is registered as a professional poker player and will therefore be taxed like any other self-employed person would.

He can write-off expenses for playing the event, though.
avatar
jock2007
allstar elite
allstar elite

+/- : 15
Posts : 577
POINTS : 2724
Join date : 2011-03-20
Age : 31
Location : wales uk

http://crisppoker1.forumotion.co.uk

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum