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Message: [QUOTE="theboss, post: 2715894, member: 146151"] Whether you pay taxes or not and how much that amount will be depends on which country you live in. In Greece you pay taxes daily.... If you win less than 100 euros in one day the money is tax free. If you win more than 100 euros and less than 500 euros you pay 15% in taxes. If you win more than 500 euros in one day you pay 20% in taxes. The amount you have to pay is taken directly from your account daily at 7 a.m. Thats why you see Greek players registering early in tournaments, because if for example you win 500 euros you can register early in a couple of tournaments that start 2 days later and the buy in is $215 and it will look like you won 500-215-215=70euros. then unregister the day after and so on. In that way you can have $36500 tax free yearly. Players have to do that because the taxes are very high. [/QUOTE]