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John Hesp ~ A Shot in the Arm for Poker

Discussion in 'The Poker Room' started by booker, Jul 21, 2017.

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  1. booker

    booker VIP Whale

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    John Hesp made watching the final table so refreshing. What are the US and UK tax/withholding implications for him?
     
    Last edited by a moderator: Jul 21, 2017
  2. tringlomane

    tringlomane STP Addicted Beer Snob

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    I could be wrong, but like most casino winners, I'd assume the US expects taxes at first. But as a UK citizen, he could get that back.

    I wonder how the tourney would have been different without that cooler...
     
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  3. Corinne

    Corinne Low-Roller

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    As a U.K. Citizen he won't pay tax. If he's had a previous win then he will have an International Tax Identification Number (ITIN). They may be able to do the ITIN there and then but guidelines are now that the casinos don't do it so they deduct it and the IRS withhold the tax and we have to claim it back on a tax return. That takes about three years according to my friend's recent experience. We pay tax on the stake here and there is a reciprocal agreement with the US.

    I am available for your slot pulls for expenses and flights, lol. Only joking. Could be a good career though.
     
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  4. NeonTurtle14

    NeonTurtle14 Hot Dogs and Buns

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    He was fun to watch, although that hand with his AT with top two pair losing to set of Aces was a sick cooler.
     
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