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 Play your cards right and work a three-day week for $2.6m ... tax free and legal

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RR Phantom

RR Phantom

Location : Wasted Space
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Play your cards right and work a three-day week for $2.6m ... tax free and legal Vide
PostSubject: Play your cards right and work a three-day week for $2.6m ... tax free and legal    Play your cards right and work a three-day week for $2.6m ... tax free and legal Icon_minitimeTue Apr 19, 2011 4:19 am
Starting with just $3, Jonathan Karamalikis has raked in $2.6 million from online poker since 2007 and a further $1.1 million from live tournaments, but has never filed a tax return in his life.

Karamalikis, 22, is one of a growing legion of Australians who earn their primary income from playing poker online yet, according to the Australian Taxation Office, aren't required to pay tax. The players certainly aren't hiding their income - tournament placings and even a real-time breakdown of online winnings are all catalogued on poker websites.

The website PocketFives.com contains a record of the top players' winnings on the major poker sites and narrowing the search down to Australia reveals the top 100 Australian players.

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