No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Rep. McDermott launches HR2230
June 18 2011 :COMPANION TAX MEASURE FOR ONLINE GAMBLING LEGALISATION BILL
Sense of deja vu as Rep. McDermott launches HR2230
A sense of deja vu was perhaps inevitable this week as Congressman Jim McDermott launched HR2230, the Internet Gambling Regulation and Tax Enforcement Act, in the House Financial Services Committee, supported by Representative John Campbell and the committee's ranking Democrat member Barney Frank.
Deja vu, because McDermott was the man behind previous online gambling tax proposals launched to back up Frank's earlier federal attempts to regulate and licence online gambling in the United States.
The objective apparently remains the same with McDermott's latest offering; Frank and Campbell spearhead a renewed bipartisan attempt at legalisation due in the current session of Congress, and this will need a supporting tax bill.
McDermott's latest sally requires online gambling establishments to withhold taxes from net online winnings, and provide detailed information about gamblers to the government to ensure the collection of the appropriate taxes. It would also impose a two percent federal tax on Internet gambling providers, and give individual states the option of taxing these companies at a rate of six percent, according to the newspaper The Hill.
McDermott staffers have been quick to point out that his new bill does not specifically seek to legalise online gambling, but is intended as a companion bill to offer a tax structure for online gambling assuming that it becomes legal via other measures (read: the new Frank-Campbell bill).
Assuming online gambling is so legalised, McDermott's bill would require companies to subject net online winnings to a withholding tax, now 28 percent, in line with current withholding taxes for other gambling winnings.
Operators would be required to provide the names, addresses and tax identification numbers of all players to the government. They would also have to provide information on gross winnings, gross wagers and gross losses on each person for every calendar year, and the amount of tax withheld on these winnings, in addition telling the government how much has been deposited and withdrawn during the calendar year.
The bill would also require online gambling operators to obtain a licence, and would tax these companies an amount equal to two percent of the deposits they receive each month. The bill stresses that this tax cannot be deducted from the amounts that players deposit in their account, and must be paid for by the company.
It would also give states the option of taxing operators at a rate of six percent.
In similar fashion to his previous tax proposals, McDermott's bill would send 25 percent of the federal taxes collected to programs that care for foster or disadvantaged children, and most of the rest would go to the general treasury.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.