Quote Originally Posted by Grobbelaar View Post
The problem is, it's not really 5.4% ... or what I want to say .. just a little example. I buy chips for 100$ and lose it ... then I buy chips again for 100$ .. now let's say I double it.. now I go to the check-out ..... they see that I bought 100$ and come back with 200$ so I have to pay 5% from the winning.. so 5$ lost.
If I had bought chips for 200$ from the beginning, then I wouldn't pay taxes at all!
So it depends how much chips I buy and how long are my sessions.
So it's not the same if I win in one day 4000$ or in several days with losses and wins in the meantime.
You're complicating it. Sounds like you’re initial buy in is at the cage, subsequent buying at the table. Taxes are calculated from the known initial cage purchase.. If that’s the case, then either make 1 large initial cash at the cage, or have confirmation tags issued by the pit, dated with amount of supubsequent buy ins.

If that’s not the case, then you will need to more clearly articulate yourself.