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Danish state Wins WSOP!
Peter Eastgate might have won $9.1 million but he might only be
clearing $2.5m of that after it was revealed the Danish tax system with
relieve the champion of around $6.5m.
You'd think winning the World Series of Poker Main Event would be the
stuff of dreams. The bracelet, the magazine covers and all of that
lovely money. Wrong, amigo. As Peter Eastgate is finding out now, not
all of that money finds its way into your bank account, with the Dane
potentially losing $6.6m to the Danish taxman. That's gotta hurt.
What makes it worse for Eastgate is the fact that Ivan Demidov will be
clearing twice as much to his account despite coming second to the
young Dane. The Russian government takes a flat 15% of any winnings,
meaning Demidov will get to buy around $5.8 million worth of vodka, if
he so desired.
Even the man who came third will take home more money. Dennis Phillips
cashed in third for $4.5 million, with 35% going in federal taxes to
the US, leaving him with around $2.9 million.
Eastgate had moved from Denmark to London in a bid to pick up the
English tax benefits, although it is being claimed he will struggle to
have
that move succeed in light of his win in Las Vegas.
source:bluffeurope.com