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Thread: US Gambling Tax Treaty

  1. #1
    ImaDocker's Avatar
    ImaDocker is offline PNW Railbird
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    Default US Gambling Tax Treaty

    From IRS Website:Tax TreatiesGambling income of residents (as defined by treaty) of the following foreign countries is not taxable by the United States: Austria, Czech Republic, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, Japan, Latvia, Lithuania, Luxembourg, Netherlands, Russian Federation, Slovak Republic, Slovenia, South Africa, Spain, Sweden, Tunisia, Turkey, Ukraine, and the United Kingdom.Well done on the win Mark, and the added bonus of keeping the 30%! Hope all the other PNW'ers have access to one of the above foreign passports, and good luck for the rest of the series!
    Common sense is not so common

  2. #2
    Kentish Man's Avatar
    Kentish Man is offline PNW Lurker
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    Default US Gambling Tax Treaty

    So if you live in Australia but have a British passport your winnings in the US are tax free? I am curious as I plan to win the big one next year

  3. #3
    gaz
    gaz is offline PNW Semi-Pro
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    Default US Gambling Tax Treaty

    Kentish, that is right.Previously you needed a passport from one of those countries AND an ITIN from the IRS, but now the WSOP apply for ITIN for you at time they pay your winnings (tax free).Now all I need to do is win something!

  4. #4
    Sea of Ghosts is offline PNW Grinder
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    Default US Gambling Tax Treaty

    Canada and Australia do not have a tax treaty with the United States?Yet both of these countries give so much to the United States and keep on giving and giving and giving.Does not seem right!

  5. #5
    ganui01's Avatar
    ganui01 is offline PNW Railbird
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    Default US Gambling Tax Treaty

    questioneven if the US wont detract 30% for tax, your country of origin still should keep part of the profits or not? Or in Vos case, he can just put them in an australian account without incurring in any tax from south african gov either?
    www.qldpoker.com

  6. #6
    Sea of Ghosts is offline PNW Grinder
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    Default US Gambling Tax Treaty

    Does Negraneau pay 30% on all his winnings?He is Canadian, is he not?

  7. #7
    PunterSThompson is offline PNW Lurker
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    Default US Gambling Tax Treaty

    Hi all, have I got this right?If I cash, I personally don't have a passport from any of those countries. However, my wife's father has a British passport. I can transfer the money to him as 'my backer', and the WSOP will issue him with an ITIN? He personally wouldn't be there tho - is that necessary?

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