10-Ball
Topic: Predator 10 Ball Spain

Was just reading thru all the details on the predator 10 ball site and came across a very strange section.

It mentions the prize structure and says Spanish players will have 18% deducted in tax and ALL other players will have 24% deducted....

Surely this cannot be right?

If you go to Vegas and play in a poker tournament and me and an American national both win $10,000. He will have to pay tax on this and I won't as I am not part of the American tax system so not liable to pay taxes.

So how is this different in Spain. And with them being part of the EU how can they charge a UK national a different tax rate from a Spanish national?

This just seems a huge swizz to me.

When I went vegas in may to play pool and got to the pay out stages I had to pay tax !

I think it was 30% I cant remember.


-----------------
Craig " THE REAL DEAL " Dixon

Unfortunately this is the law in Spain.
The organisers have to pay the tax on the prize money, there is no escaping that. They can either pay it themselves or make the winner pay it but at the end of the day the taxman will not be the loser.

I think you will find that you would have to pay tax somehow on the $10,000 in Las Vegas.

In the recent World 10 Ball Championship, if they ever pay the prizes, there will be deductions of approx 20% for tax + 5% for the WPA + 2-5 % for the BSCP.

I remember Niels Feijen telling me that when he won the World Straight Pool Championship last year in the USA, he took home less than half the advertised prize money

I worded my original post incorrectly, I meant the US national will pay more tax than me.

How can I go to another country and pay MORE tax than a national of that country?

If I have to pay tax on winnings, then obviously I must get tax relief on entry fee, hotel fees and airfare as if I am being taxed like I am self employed then I must be able to claim expenses against my tax?

And how come when the Eurotour is in Malaga there is no deduction for tax other than the affiliation fee of 5%?

I no it does seem a little strange !
I was told that I could claim mine back but is wasn't worth the hassle as I only won $600

I no that players like Daz and Karl had there own tax code in the states when the ipt was on, meaning they paid a standed tax fee rather than the high rate tax

It just seems ridiculous that you would pay 400 euros to enter. Pay between 100-200 Euros for the hotel, around £100 for your flight.

Get to the last 32 which is where you would usually break even on the eurotour and they would hit you with 675 euros minus 24% which is 513 euros.

At the very least your entry fee cost should be tax free, so you should only pay tax on 275 euros as this is ALL your winning to be taxed on.

Which means you would 609 Euros instead.

Would be very easy for the organisers to arrange, they merely need to refund the winners their entry fee and then pay out the balance as winnings then this would be all you would pay tax on.

Maxi, I understand that you think it would be easy for organisers to do as you say but in reality it is not at all easy.
Tax authorities like to know what goes into and out of a business bank account and this is where the problem lies.
The only way round it would be as follows;
I am an organiser, you give me your entry fees in cash and I keep them under the bed for a couple of weeks, then when the time comes to pay out, I use the cash. Of course I would have to hope that I don´t get robbed in the meantime or I don´t get tempted to take a foreign holiday.
I think we must have someone on this forum who knows about taxes, perhaps they could comment.

On 2009-12-31 13:33 , malaguista Wrote:

I accept what you are saying but purely from a tax point of view I can't pay 400 euros to enter something and be paid out 675 and taxed on that full amount. It means I am paying tax on my own money.

If I walk into a casino in Spain and put 5,000 euros on red at roulette do I need to pay 24% tax on 10,000 euros?

Does anybody have any contact details for any of the organisers of this event. I have sent several emails enquiring about paying for an entry and had absolutely no reply.

On their website and on the flyer there are absolutely no contact numbers.

Having said what yo have about the tax situation, I am surprised that you want to participate in this tournament.
As you say there are no telephone numbers on their posters etc but they ask that all communicatrion is by e-mail.
Predator10Ball@masterpool.es
According to the website, entries closed yesterday

On 2010-01-02 06:56 , malaguista Wrote:

It says on the entry form that the 2nd is the final day to register.

Does Charlie Williams run this event / tour ????

On 2010-01-02 12:17 , maxi Wrote:

Yes sorry, my mistake, 2nd was the last day but if you paid by the 1st, the fee would have been 375€ instead of 400€

On 2010-01-02 13:17 , cd Wrote:
hey up me ould flower

Hello

On 2010-01-02 17:17 , cd Wrote:
that was me Charlie Williams impersonation, it doesnt come over very well in writing

I was asked via a PM for an up to date list of entries for theis tournament. Here it is:


1 Afganistan Aziz Hamrah
2 Australia David Reljic
3 Austria Jasmin Ouschan
4 Belgium Noel Bruynooghe
5 China Fu Xiaofan
6 China Liu Shasha
7 Croatia Ivica Putnik
8 Denmark Katrine Jensen
9 Finland Mika Immonen
10 France Alain DaCosta
11 France Eric Robaine
12 France Francois Cottance
13 France Jonathan Fulcher
14 France Stephan Cohen
15 Germany Oliver Ortmann
16 Germany Ralf Eckert
17 Germany Thorsten Hohmann
18 India Raj Hundal
19 Japan Akagariyama Yukio
20 Mexico Ernesto Dominguez
21 Morocco Reda Belhaj
22 Netherlands Huidji See
23 Netherlands Nick Van Den Berg
24 Netherlands Niels Feijen
25 Philippines Jeffrey De Luna
26 Philippines Lee Van Corteza
27 Portugal Henrique Correia
28 Portugal Manuel Gama
29 Portugal Nuno Santos
30 Russia Vladimir Bechenkin
31 Scotland    Jayson Shaw
32 Spain Albert Casellas
33 Spain Alejandro Garcia
34 Spain Alvaro Blasco
35 Spain Amalia Matas
36 Spain Carlos Bogas
37 Spain Carlos Cabello
38 Spain David Alcaide
39 Spain David Alcoberro
40 Spain David Simon
41 Spain Diego Pedro Simon
42 Spain Enrique Escudero
43 Spain Fernando Bohórquez
44 Spain Francisco Díaz
45 Spain Francisco S. Hernández
46 Spain Francisco S. Ruiz
47 Spain Ivan Belmonte
48 Spain Javi Lopez
49 Spain Joan Naspleda
50 Spain José Castillo
51 Spain Jose Luis Gonzalez
52 Spain Juan Simon Padron
53 Spain Luis Mundaray
54 Spain Luis Robisco
55 Spain Manuel Montejo
56 Spain Nacho Schmit
57 Spain Raul Hebles
58 Spain Sergio Santana
59 Spain Sorin Alisar
60 Spain Victor Tapies
61 Sweden Marcus Chamat
62 UK Carl Fitzsimon
63 UK Chris Melling
64 UK Darren Appleton
65 UK Daryl Peach
66 UK Imran Majid
67 UK Karl Boyles
68 UK Scott Higgins
69 USA Adam Smith
70 USA Brendan Crockett
71 USA Charlie Williams
72 USA Corey Deuel
73 USA Corey Harper
74 USA Cristina de La Garza
75 USA James Davis Jr.
76 USA Johnny Archer
77 USA Mike Sigel
78 USA Oscar Dominguez
79 USA Rodney Morris
80 USA Shane Van Boening
81 USA Steve Moore
82 USA Tony Crosby

And before anyone comments, I know that Jonny Fulcher is not French, I merely copied and pasted.

Hehe was about to say

Plus when was Scotland not part of the UK?! lol

Haha, Bucky, I had already started typing that too, but then laughed like a drain when I had finished typing and read the bottom line of Peter's post!

No Mark Gray? If I was his sponsor I'd want him in this one!