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  #201  
Old 07-20-2005, 06:36 AM
Hyperion Hyperion is offline
Senior Member
 
Join Date: Jul 2005
Location: Melbourne, Australia
Posts: 219
Default Re: 30% Tax for Australians

Australia has a 47.5% top income tax rate which Joe will face if he's classified as a 'professional gambler.' Non professional gambling winnings attract no tax.

Taxman deals in on poker bounty