tax on WorldWinner
  #1 (permalink)  
Old 03-31-2009, 02:51 PM
FrenchDave FrenchDave is offline
Junior Member
 

Join Date: Jan 2009
Posts: 3
FrenchDave is on a distinguished road
Question tax on WorldWinner

Hi everyone,

I'm new to worlwinner and has just discovered that a tax is taken from every game. That means that a 75c game will give me only 13c if I won... What's the point ?

Is there a way to get those tax back ? I'm in France and I don't know what to do exactly...
Thanks in advance

David
Reply With Quote

  #2 (permalink)  
Old 03-31-2009, 06:51 PM
Ominous's Avatar
Ominous Ominous is offline
Senior Member
 

Join Date: Mar 2009
Posts: 130
Ominous is on a distinguished road
Default

I highly dout that anyone will tax your winnings unless you declare them.

As most tax laws on gambling are totally stupid I wouldnt wanna give my hard earned money to the government
Reply With Quote

  #3 (permalink)  
Old 03-31-2009, 06:59 PM
Skialot Skialot is online now
Senior Member
 

Join Date: Mar 2008
Posts: 151
Skialot is on a distinguished road
Default

WW withholds tax from all foreigners. They have no choice in the matter.

I'm not in that situation myself, but some people at WW say that they have successfully used this site:

Casino Tax Rebate | Casino Tax Refund | US Gambling Tax Refunds




Quote:
Originally Posted by Ominous View Post
I highly dout that anyone will tax your winnings unless you declare them.

As most tax laws on gambling are totally stupid I wouldnt wanna give my hard earned money to the government
Reply With Quote

  #4 (permalink)  
Old 04-13-2009, 01:55 PM
CreepyD CreepyD is offline
Senior Member
 

Join Date: Apr 2009
Posts: 136
CreepyD is on a distinguished road
Default

I stopped playing on Skilljam (now WW) as soon as this tax business came along a few years back.
Reply With Quote

  #5 (permalink)  
Old 04-24-2009, 10:33 AM
Claiken Claiken is offline
Junior Member
 

Join Date: Feb 2009
Posts: 27
Claiken is on a distinguished road
Default

yeah, it really does suck. If i win a 75 cent game i make 77 cents after theyre done with it.... not really a profit there is it?

im mostly on king.com now except they have the paypal withdrawal fee... im not sure which is worse. lol.
Reply With Quote

  #6 (permalink)  
Old 05-26-2009, 01:37 PM
Ominous's Avatar
Ominous Ominous is offline
Senior Member
 

Join Date: Mar 2009
Posts: 130
Ominous is on a distinguished road
Default

Quote:
Originally Posted by Claiken View Post
yeah, it really does suck. If i win a 75 cent game i make 77 cents after theyre done with it.... not really a profit there is it?

im mostly on king.com now except they have the paypal withdrawal fee... im not sure which is worse. lol.
The paypal withdrawal fee is 1 euro? Thats not very much at all - i mean I withdraw about 300 euro at each time then the 1 euro fee is very affordable.


Anyone care to explain WW tax system in detail? Does it apply to all other countries than the US? any way around it?
Reply With Quote

  #7 (permalink)  
Old 05-29-2009, 10:12 AM
Feisar Feisar is offline
Junior Member
 

Join Date: May 2009
Posts: 3
Feisar is on a distinguished road
Default

arrrgh im from UK and i just won $40 and they taxed $10 of it, this is ridiculous, anybody had any luck with the tax rebate?
Reply With Quote

  #8 (permalink)  
Old 05-29-2009, 10:47 AM
bmy1 bmy1 is online now
Senior Member
 

Join Date: Mar 2008
Posts: 234
bmy1 is on a distinguished road
Default

I've applied for a partial refund of withholdings via my accountant. To the best of my knowledge, if you are an international player, and you are a profitable player, you will get taxed at 30% by the IRS. There is no way around that. However, WW usually overwithholds (even with the new weekly withholdings refunds) your winnings so you can still get some more back. But if your (GROSS WINNINGS - (ENTRY FEES ASSOCIATED WITH THOSE WINNINGS + ADDITIONAL ENTRY FEES) = x (and x > 0), you will have to pay taxes to the IRS for 30% of x, unless your country has some special tax treaty with the US. I'm from Canada so I can't speak for European countries. But in Canada, if WW was based in Canada I probably would not have to pay taxes on WW winnings unless it was my primary source of income.
Reply With Quote

  #9 (permalink)  
Old 05-31-2009, 05:48 PM
Ominous's Avatar
Ominous Ominous is offline
Senior Member
 

Join Date: Mar 2009
Posts: 130
Ominous is on a distinguished road
Default

Hmmz couldn't they just establish a mirror server on some island without any tax laws? Gibraltar etc.?

I mean if they care about international players they could put up the effort to rent a server and send some paperwork
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -7. The time now is 10:23 PM.


vBulletin skins developed by: eXtremepixels
Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.2.0 RC5