Author Topic: The Joker in Vegas  (Read 91656 times)

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Paulie_D

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Re: The Joker in Vegas
« Reply #165 on: July 06, 2015, 14:36:17 PM »

I think over 10K is the starting point for having to declare cash....

Well played Joe.... A very long session well rewarded.....

Found this.....

FinCEN105 form, http://www.fincen.gov/fin105_cmir.pdf

It says in the bumpf that not declaring amouts over $10,000 may result in it"s confiscation....


It"s the not declaring it that bites you in the "arris...if you declared it you should be fine.

Also, don"t forget the same is true entering the UK

Quote

:from old 2+2 thread -

Her Majesty"s Revenue & Customs has a similar requirement for amounts over 10,000 Euros. You will also need to use the red channel rather than the green channel upon your return. You will be provided form C9011 at the airport.


https://www.gov.uk/government/publications/import-and-export-cash-declaration-c9011

Never been that fortunate but it might be worth asking if they can wire it directly to your bank. Not sure you"d have all the necessary details on you but it might be simpler.

That way you just file a report there and then I believe since you aren"t actually carrying it.
« Last Edit: July 06, 2015, 14:43:53 PM by Paulie_D »
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mylesfdo

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Re: The Joker in Vegas
« Reply #166 on: July 06, 2015, 16:02:31 PM »
Nice job Joe....vwp sir!!

As Paulie says as long as u declare it u will be fine.....guess u have the Tax Exempt Form(if they still exist) for over there as they didn"t hold back any of winnings at cage!!

If u do get pulled in at Customs just be honest with them....they can see u just flew in from Vegas so cant expect it is a new thing for them!!  Winnings are tax exempt so nothing else to declare if not mistaken!!

Wp again and enjoy rest of trip.

Joker161

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Re: The Joker in Vegas
« Reply #167 on: July 06, 2015, 16:04:18 PM »
I"ve got it all in cash already. Hmm. I have my ITNI number which is the one that"s allows you to not pay tax. Worth opening a US bank account?

ian.ski309

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Re: The Joker in Vegas
« Reply #168 on: July 06, 2015, 16:39:44 PM »
Another nice deep run, well played that man !
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Paulie_D

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Re: The Joker in Vegas
« Reply #169 on: July 06, 2015, 16:50:38 PM »

I"ve got it all in cash already. Hmm. I have my ITNI number which is the one that"s allows you to not pay tax. Worth opening a US bank account?


Probably not while over there...they"ll make you jump through all sorts of hoops if you"re not a US resident.

On the other hand I hear (although I have no experience personally) that HSBC (Honkers and Shankers as we used to call them in my banking days) can be very helpful in this regard.

Best to speak to them when you get back though explaining what it is you want.
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mylesfdo

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Re: The Joker in Vegas
« Reply #170 on: July 06, 2015, 19:48:19 PM »

I"ve got it all in cash already. Hmm. I have my ITNI number which is the one that"s allows you to not pay tax. Worth opening a US bank account?


just declare it Joe......maybe try and speak to a friendly pro out there if u see them and see what they suggest....Channing, Cody, Chatta maybe couple nice chatty guys who could give advice.......sure all will be OK.

Joker161

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Re: The Joker in Vegas
« Reply #171 on: July 08, 2015, 16:38:14 PM »

Joker161

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Re: The Joker in Vegas
« Reply #172 on: July 12, 2015, 12:17:40 PM »
A postscript to my trip that I thought you might like. I was in town (London Town, obviously) yesterday and so went to my usual currency change place right by Victoria to change up $9,000 (I"ve kept back a few thousand for a holiday letter in the year). This place has the best spread, and so the best rates, I"ve found anywhere. Also there is no commission, obviously. So the spot rate at the moment is £1 = $1.55, and they sell at 1.535 and buy back at 1.5625. Is the airport spread something like 1.35/1.75? Disgraceful, and yet people still use them!?

Anyway, I hand over the 9k and the women works out that I should get £5,670. She"s about to pay me out when her boss comes back from the break and says I need to fill in a form. On the part that says "source of funds" I put "poker winnings from Vegas". He asks for evidence, which of course I"ve left at home. Hmm. Then I have an idea - I go on the Hendon Mob database on my phone and luckily it"s been updated and has the $10k win on there. He says that"s fine! Thank you Hendon Mob! I go straight over to the HSBC and pay in the money, although they don"t have cashiers on a Saturday, and so I have to use one of those machines. Doesn"t seem right, but it all seemed to work. Then my wife and I hit the shops to spend some of the money!

See you all in Cardiff, I hope!

Joker161

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Re: The Joker in Vegas
« Reply #173 on: July 12, 2015, 12:20:03 PM »
By the way, thanks everyone for the advice on getting the money back to the UK!

Paulie_D

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Re: The Joker in Vegas
« Reply #174 on: July 12, 2015, 14:33:47 PM »
Quote

went to my usual currency change place right by Victoria


I know the one, the name escapes me at the moment but I used to use them regularly.
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mfordy

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Re: The Joker in Vegas
« Reply #175 on: July 12, 2015, 21:20:24 PM »
Absolutely fantastic results and thanks for sharing - very entertaining indeed.

Erimus

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Re: The Joker in Vegas
« Reply #176 on: July 13, 2015, 00:50:24 AM »
Well played, enjoyed reading, makes me look forward to my trip in November hopefully.

KarmaDope

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Re: The Joker in Vegas
« Reply #177 on: July 13, 2015, 10:36:10 AM »

Quote

went to my usual currency change place right by Victoria


I know the one, the name escapes me at the moment but I used to use them regularly.


Oohhh...link please?
[IMG=http://www.vegasmessageboard.com/countdown/countdown.php?c=purple&f=3&y=2013&m=11&d=12&h=18&mi=20&o=0&p=1][/img]

Paulie_D

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Re: The Joker in Vegas
« Reply #178 on: July 13, 2015, 11:35:42 AM »


Quote

went to my usual currency change place right by Victoria


I know the one, the name escapes me at the moment but I used to use them regularly.


Oohhh...link please?


Assuming it"s the same one Change-Link

Google StreetView
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Joker161

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Re: The Joker in Vegas
« Reply #179 on: July 14, 2015, 21:09:44 PM »
That"s the one! Always great rates. Luckily,I"m up in London quite a lot so I don"t have to make a special trip. It would be worth it, though, given the amount you save.