Re: Taxes in Germany
 

If you are an US citizen, you should also follow the US tax law, even if you live in Germany. If you have your residence in Germany, you are basically taxable in Germany. However, poker winnings are not taxable in Germany, irrespective how much you win. Other assertions as mentioned above are nonsense. You can get problems only, if you receive premiums from a sponsor or for advertising etc.

Re: Taxes in Germany
 

I don't think its taxfree in Germany. I am from Germany but I really doubt that.

If it's the case, holla then.

Lottery winnings are taxfree because you win how often? Once a lifetime? But if you make money on a regular basis by playing poker you should play taxes I think, nobody does though.

I don't know the english word for it...es ist das gleiche als wenn ihr euer geistiges Eigentum und euere geistige Fähigkeiten dem Markt anbietet. z.B. als Lehrer, dann zahlt ihr auch Steuern.

Re: Taxes in Germany
 

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(You have to pay taxes e.g., if you win big in a lottery).


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No - that's wrong. Lottery wins a taxfree in Germany.

Lottogewinn

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wrong but i wont elaborate further cause 2 many w/o any clue posted here in this thread

Re: Taxes in Germany
 

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(You have to pay taxes e.g., if you win big in a lottery).


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No - that's wrong. Lottery wins a taxfree in Germany.

Lottogewinn

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wrong but i wont elaborate further cause 2 many w/o any clue posted here in this thread

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good that you graced us with your presence nonetheless

Re: Taxes in Germany
 

In German Income Tax Law the kinds of income, which releases a taxation, are finally defined. Poker is a play, a bet on a uncertain result and leads to a transfer of fortune or a loss of fortune, but never to income in the sense of the Income Tax law. The same applies for other play gains from casino games to wins in Lotto, Totto etc. There is no connecting factor, which releases a taxation in German Income Tax Law.

Poker is also a zero-sums game, i.e. the sum of the results of all players results to zero (exactly to a loss which consists in the sum of all rakes paid). Therefore it is impossible to think about a taxation of the economic aggregate of value added. The German revenue authority would be very buggy if they would try to introduce taxation of poker winnings because they would have to consider, in which form the poker losses then would be tax-deductible. And an accounting of loss with other positive income will never be introduced in German Tax Law, definitely. That would lead to a fiscal subsidization of poker losses and there is defenitively no connecting factor, which could lead to such a result.

The only connecting factors recognizable in theory, would be those, which apply to a professional sportsman (e.g. tennis player) or an artists (e.g. conjuror or other). All these people receive money for an achievement, which they furnished and not for running a risk. In all other respects there are certain profits, which are not taxed likewise in the range of the stock exchange transactions, because the whole is regarded as a play. In this respect it is not important whether it is a luck play or a skill play of a stock exchange professional. However be careful, most of such transaction are taxable, however, because of other reason.

Poker winnings are not subject to income taxation in Germany. Only earings from such winnings (like interest) are subject to taxation. That is current tax law. There´s no doubt about that. Other opinions mean: The summer theater begins and ends in May.

Re: Taxes in Germany
 

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wrong but i wont elaborate further cause 2 many w/o any clue posted here in this thread

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This is a really good decision. cu

Re: Taxes in Germany
 

Oh Mann McSeafield. Von Steuerrecht hast du keinen Plan.

Re: Taxes in Germany
 

Sag mir mal bitte, warum ich keinen Plan habe. Das kannst Du gerne auch öffentlich machen. Was habe ich übersehen? Gibt es ein Urteil, das etwas anderes sagt. Das würde ich mir dann gerne ansehen und meinen Beitrag dann sogar selber gerne korrigieren, falls das erforderlich sein sollte.

Oder meinst Du tatsächlich, ich müsste wegen meinem Pokerspiel ein Gewerbe anmelden oder mich wie ein freiberuflicher Hochschullehrer besteuern lassen?

Re: Taxes in Germany
 

Gewinne sind steuerfrei. Deshalb sind die Verluste auch nicht mit anderen positiven Einkünften verrechenbar
und die buy-ins sind keine Werbungskosten.
Das Problem ist einfach das Pokern außerhalb lizensierter Casinos in D strafbar ist und deshalb die Gewinne vollständig eingezogen werden können.
Wer mal eine Razzia in einem (illegalen) Club erlebt hat weiß was ich meine.

Re: Taxes in Germany
 

Hör mal wir reden hier über Steuerrecht.
Werbungskosten hast Du nur bei den Einkünften aus nichtselbständiger Arbeit. Wenn Du schon unbedingt den Gewinn aus einer Pokertätigkeit berechnen willst, machst Du natürlich eine Einnahme-Überschussrechnung und damit sind Verluste steuerlich abgezogen. Punkt.

Was in nicht lizenzierten Casinos passiert, interessiert mich nicht, weil ich da definitiv nicht teilnehme.