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Old October 16th, 2003, 12:33 PM
phbarbs phbarbs is offline
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Join Date: Oct 2003
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Default Re: Taxes on winnings

I found this question quite interesting as in the UK we don't pay taxes on gambling winnings. But doing a search on the internet, I found that Bruce was right, in the US you are supposed to declare all gambling winnings wherever in the world they were obtained. I assumed that because the ship is in international waters, gambling winnings would be tax free for everyone - just like the goods for sale in the ship's boutique are tax free. So if you win the jackpot I suppose the best solution is to become a British citizen!

Anna
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