Best rakeback poker rooms

Posts Tagged ‘Authority’

Israeli Tax Authority Targeting Poker Players for Investigation

According to reports from one of Israel’s business websites, several Israeli poker players are currently under siege, but not because they play poker. They are allegedly the target of the Israeli government and the Israeli Tax Authority for monies that are allegedly owed to the government. The website Globes and writer Ela Levi-Weinrib are reporting that, along with those people potentially hiding revenue from real estate sales and foreign bank accounts outside the country, Israeli poker players have come under fire for either underreporting or not reporting their incomes accurately. According to Levi-Weinrib, these players are debating with the Israeli Tax Authority over how their income should be taxed and whether they should even be taxed because of the expenses they incur. The potential tax income for the Israeli government borders on tens of millions of shekels (the monetary base for Israel). Levi-Weinrib states that, two weeks ago, the Israeli

Malta Gaming Authority Launches New Online Licensing System

Last week, the Malta Gaming Authority (MGA) announced that it is launching a new Licensee Relationship Management System in order to better facilitate communications between existing and prospective licensees and the regulatory body. The system, developed by Microsoft, is designed to simplify the licensing processes and keep them – as much as possible – online via a dedicated web portal. At the outset, the MGA is launching three online services: applications for remote (read: internet) gaming licenses, dynamic seal URL requests, and submission of players liability and gaming tax reports. Part of the idea here is to allow operators to take control of their licensing and regulatory requirements, rather than have the MGA constantly push requests downstream and wait for a response. Now operators can do things like check on their licenses and keep track of what sorts of deliverables they need to submit (admittedly, I’m presuming this based on