benefits from the US-Austria Tax Treaty (his income is exempt from withholding by the IRS). Starting with Koray Aldemir, and his incredible performance to scoop the most coveted title in poker, had he still lived in his native Germany he would now be forking out almost half of his $8million scoop.Īs Fox points out, “Aldemir. The annual breakdown of the tax deductions by Russ Fox of Clayton Financial and Tax showed that three players from the final nine won’t have to pay tax on their winnings at all, thanks to various tax treaties in place between the US and the players’ countries of residence. $8million winner Koray Aldemir paying zero tax after his switch from Germany to Austria! This year, for a change, it’s the taxman who will have a tear in his eye. One of the most interesting – and often painful – features of the WSOP Main Event final table is seeing how much of a cut the taxman gets from the massive prizefund.
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