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lol americaments,
In Australia wins from gambling are Tax Freeeeeeee!
Not that I win...but if I did.
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wait wait wait...does this mean that if I am an australian citizen I don't have to pay any taxes on money made playing poker?
really?
holy [censored] I'm moving to australia.
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It is a grey area.
I am fairly confident that my post here:
http://forumserver.twoplustwo.com/sh...Number=8939681 sums up the situation fairly well. Unusally for a post on here, it actually provides sources for claims.
As someone else in this thread noted, there hasn't been much litigation as it applies to poker players specifically, and thus, it would seem reasonable that the rules quoted in the linked post are relevant.