There could be tax savings for some players...
Full Tilt Poker is about to follow Pokerstars, its sister site in the Rational Group, in opening a .eu website licensed in Malta, according to the poker information site Pokerfuse.
The move could have positive tax implications for Swedish, Finnish, Polish, Slovenian, Romanian, Dutch & German players who migrate to the new venue, the information site reports, noting that the poker offering & facilities will be exactly the same on the .eu website.
"According to certain interpretations of income tax law in some EU jurisdictions, winnings from sites based within the European Economic Area (EEA) are tax free," Pokerfuse advises. "Although geographically in Europe, the Isle of Man - where Rational Group has its head offices & operates the primary sites for both PokerStars & FTP- is not part of the EEA."
FTP's poker room manager, Shyam Markus, confirmed the introduction of the new site in a post on the 2plus2 forum this week, saying: We expect to begin rolling .eu out over the next few weeks.
8/2/2013, 11:33 pm