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Old 08-29-2007, 10:35 AM
FoldEqu1ty FoldEqu1ty is offline
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Join Date: May 2006
Location: Guser
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Default Re: Ever appropriate to ask SSNL how they handle poker taxes?

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lol... taxes

yay for australia

[/ QUOTE ]

Yeah hahaha

Although I am a little worried. Let's say I don't work ANY job for the next few years, and rake in a very solid income through poker - can I eventually be considered a professional gambler? I've heard that it's possible to be classified as one in this country and thus pay taxes on all winnings, but that it's very very difficult. Specifically someone told me you need to be doing it full-time for 3 years minimum to be eligible for this classification.

Does anyone have an idea of how tax applies to poker in Australia?
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