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[TI5] Main Event Day 6 - Page 356

Forum Index > Dota 2 Tournaments
Post a Reply
Prev 1 354 355 356 357 358 360 Next
A few USA chants are fine but please don't do it too much.

Stop the stupid USA arguments, thanks.

On another note, CDEC flairs are now live. Sorry about the delay on that.
Vankuga
Profile Joined April 2012
Panama2005 Posts
August 09 2015 03:45 GMT
#7101


The only two times TI "Champion"


On August 09 2015 12:31 Krishan.bif wrote:
Grats fear
[image loading]


It so awesome that he won, after all those hard years and last year injury.
Vankuga
MoonBear
Profile Blog Joined November 2010
Straight outta Johto18973 Posts
August 09 2015 03:46 GMT
#7102
On August 09 2015 12:41 FairForever wrote:
Show nested quote +
On August 09 2015 12:37 Rebs wrote:
On August 09 2015 12:33 FairForever wrote:
On August 09 2015 12:26 Rebs wrote:
On August 09 2015 12:24 FiWiFaKi wrote:
On August 09 2015 12:24 FHDH wrote:
On August 09 2015 12:23 Elurie wrote:
On August 09 2015 12:21 IntoTheheart wrote:
On August 09 2015 12:18 FiWiFaKi wrote:
On August 09 2015 12:15 DucK- wrote:
New stretch goal should be a good ending ceremony.


50mil stretch goal for it next year.

Easily reached.

TI5 was all a master plan by Valve to get people to reach the stretch goal for TI6.

Valve floating in cash.

Physically rolling in dough. Imagine how much money they'll make from running the majors.

Then imagine how much IRS are getting.
/sadface

I, also, hate American infrastructure /angryface


Maybe hold TI in some tax haven sanctuary.


Doesnt matter, the company is incorporated in the US. You can hold the event wherever.

Majors will probably have alot of outsourcing so then taxation will vary based on whose resources are being employed for what.


This is not completely true. You could theoretically incorporate in another jurisdiction which then runs its own event. Tax treaties should generally also prevent double taxation to the extent you have income relating to majors hosted outside of the United States.

And you can pay low tax rates in another jurisdiction - but you will still get hit on the way in when you try to repatriate the funds into the United States. So unless they continually reinvest in such low-tax jurisdiction, there will be problems.


Yeah well its not profitable to do that anymore even if you dont bring any money back.

http://www.wsj.com/articles/treasury-to-unveil-measures-to-combat-tax-inversions-1411421056


Correct that they came about after the Burger King - Tim Horton's inversion. I haven't read the legislation but my understanding is that these are supposed to combat phantom inversions. To the extent you're running an event in another jurisdiction that would not relevant in this situation.

Many U.S. companies hold subsidiaries in non-U.S. jurisdictions in order to have operations in such stated jurisdictions. This would be an example of that.

(1) This wouldn't have stopped the BK-TH merger regardless
(2) Tax inversions don't reduce US tax exposure but instead reduce tax burdens because America taxes all income globally regardless of its source rather than only US income so moving your corporate domicile means you no longer pay tax to the US on your German income for example
(3) None of this is relevant to TI
ModeratorA dream. Do you have one that has cursed you like that? Or maybe... a wish?
FairForever
Profile Joined February 2011
Canada2392 Posts
August 09 2015 03:53 GMT
#7103
On August 09 2015 12:43 WolfintheSheep wrote:
Show nested quote +
On August 09 2015 12:31 FairForever wrote:
On August 09 2015 12:31 FHDH wrote:
On August 09 2015 12:29 WolfintheSheep wrote:
On August 09 2015 12:24 FHDH wrote:
On August 09 2015 12:23 Elurie wrote:
On August 09 2015 12:21 IntoTheheart wrote:
On August 09 2015 12:18 FiWiFaKi wrote:
On August 09 2015 12:15 DucK- wrote:
New stretch goal should be a good ending ceremony.


50mil stretch goal for it next year.

Easily reached.

TI5 was all a master plan by Valve to get people to reach the stretch goal for TI6.

Valve floating in cash.

Physically rolling in dough. Imagine how much money they'll make from running the majors.

Then imagine how much IRS are getting.
/sadface

I, also, hate American infrastructure /angryface

Sad thing for the players is that many countries consider competition earnings to be non-taxable.

Well it's a real job here in the US like any other so those must be governments that breed losers tbqh


Agreed - it's hard to argue that it should be non-taxable. It's a job (albeit with high possibility of very little to no income).

And that's exactly why it's not considered a job and non-taxable, and treated as windfall earnings. And some countries don't tax windfalls.


It would be taxed in both Canada and the United States. Logically it makes sense that it is taxed. It is not a lottery - there is clearly a reasonable expectation of profit from undertaking such activity and it is organized in such a manner that is intended to earn profit (hire coaches, fly around the world) - it's not a hobby.

In what country would it be treated as windfall earnings? As noted already Newbee's players paid around 30% in taxes in China. I am curious as to where you think it would be treated as such (let's assume only developed countries that play DOTA here)
SpiZe
Profile Joined December 2010
Canada3640 Posts
August 09 2015 03:53 GMT
#7104
Kinda surprised there is no PPD and Universe shitting on CDEC in the rosh pit gif running around, been searching but I can't seem to find any
FairForever
Profile Joined February 2011
Canada2392 Posts
August 09 2015 03:54 GMT
#7105
On August 09 2015 12:46 MoonBear wrote:
Show nested quote +
On August 09 2015 12:41 FairForever wrote:
On August 09 2015 12:37 Rebs wrote:
On August 09 2015 12:33 FairForever wrote:
On August 09 2015 12:26 Rebs wrote:
On August 09 2015 12:24 FiWiFaKi wrote:
On August 09 2015 12:24 FHDH wrote:
On August 09 2015 12:23 Elurie wrote:
On August 09 2015 12:21 IntoTheheart wrote:
On August 09 2015 12:18 FiWiFaKi wrote:
[quote]

50mil stretch goal for it next year.

Easily reached.

TI5 was all a master plan by Valve to get people to reach the stretch goal for TI6.

Valve floating in cash.

Physically rolling in dough. Imagine how much money they'll make from running the majors.

Then imagine how much IRS are getting.
/sadface

I, also, hate American infrastructure /angryface


Maybe hold TI in some tax haven sanctuary.


Doesnt matter, the company is incorporated in the US. You can hold the event wherever.

Majors will probably have alot of outsourcing so then taxation will vary based on whose resources are being employed for what.


This is not completely true. You could theoretically incorporate in another jurisdiction which then runs its own event. Tax treaties should generally also prevent double taxation to the extent you have income relating to majors hosted outside of the United States.

And you can pay low tax rates in another jurisdiction - but you will still get hit on the way in when you try to repatriate the funds into the United States. So unless they continually reinvest in such low-tax jurisdiction, there will be problems.


Yeah well its not profitable to do that anymore even if you dont bring any money back.

http://www.wsj.com/articles/treasury-to-unveil-measures-to-combat-tax-inversions-1411421056


Correct that they came about after the Burger King - Tim Horton's inversion. I haven't read the legislation but my understanding is that these are supposed to combat phantom inversions. To the extent you're running an event in another jurisdiction that would not relevant in this situation.

Many U.S. companies hold subsidiaries in non-U.S. jurisdictions in order to have operations in such stated jurisdictions. This would be an example of that.

(1) This wouldn't have stopped the BK-TH merger regardless
(2) Tax inversions don't reduce US tax exposure but instead reduce tax burdens because America taxes all income globally regardless of its source rather than only US income so moving your corporate domicile means you no longer pay tax to the US on your German income for example
(3) None of this is relevant to TI


Agree it's not relevant as I noted above.
Rebs
Profile Blog Joined February 2011
Pakistan10726 Posts
August 09 2015 03:57 GMT
#7106
On August 09 2015 12:54 FairForever wrote:
Show nested quote +
On August 09 2015 12:46 MoonBear wrote:
On August 09 2015 12:41 FairForever wrote:
On August 09 2015 12:37 Rebs wrote:
On August 09 2015 12:33 FairForever wrote:
On August 09 2015 12:26 Rebs wrote:
On August 09 2015 12:24 FiWiFaKi wrote:
On August 09 2015 12:24 FHDH wrote:
On August 09 2015 12:23 Elurie wrote:
On August 09 2015 12:21 IntoTheheart wrote:
[quote]
Physically rolling in dough. Imagine how much money they'll make from running the majors.

Then imagine how much IRS are getting.
/sadface

I, also, hate American infrastructure /angryface


Maybe hold TI in some tax haven sanctuary.


Doesnt matter, the company is incorporated in the US. You can hold the event wherever.

Majors will probably have alot of outsourcing so then taxation will vary based on whose resources are being employed for what.


This is not completely true. You could theoretically incorporate in another jurisdiction which then runs its own event. Tax treaties should generally also prevent double taxation to the extent you have income relating to majors hosted outside of the United States.

And you can pay low tax rates in another jurisdiction - but you will still get hit on the way in when you try to repatriate the funds into the United States. So unless they continually reinvest in such low-tax jurisdiction, there will be problems.


Yeah well its not profitable to do that anymore even if you dont bring any money back.

http://www.wsj.com/articles/treasury-to-unveil-measures-to-combat-tax-inversions-1411421056


Correct that they came about after the Burger King - Tim Horton's inversion. I haven't read the legislation but my understanding is that these are supposed to combat phantom inversions. To the extent you're running an event in another jurisdiction that would not relevant in this situation.

Many U.S. companies hold subsidiaries in non-U.S. jurisdictions in order to have operations in such stated jurisdictions. This would be an example of that.

(1) This wouldn't have stopped the BK-TH merger regardless
(2) Tax inversions don't reduce US tax exposure but instead reduce tax burdens because America taxes all income globally regardless of its source rather than only US income so moving your corporate domicile means you no longer pay tax to the US on your German income for example
(3) None of this is relevant to TI


Agree it's not relevant as I noted above.


Actually the whole tangent start off with "this is off topic butt...."
Azarkon
Profile Joined January 2010
United States21060 Posts
Last Edited: 2015-08-09 04:01:56
August 09 2015 03:59 GMT
#7107
What an end, and looking forward, I think there are going to be a lot of changes to professional Dota 2 later this year and next year.

Now that Fear, PPD, etc. have won, they're going to have the same issues that other players have had after they won. Being the only American team that has had success internationally, that's going to force a lot of the lesser players and teams in the area to step up. Otherwise, America, despite this win, is going to get destroyed in the coming tournaments.

In Europe, I don't think Secret is going to stay together, and so the search for the next star team is on. They have a lot of new talent that's capable of being raised into the next Sumail, but it's difficult to see whether Europeans put them in teams. Europe hasn't done that well in making use of their talent in the last two years.

China is obviously in for a huge mess in terms of teams finally understanding that going with the same players year in and year out is not going to work. Every team, I think, is going to change players. But which team comes out of it, who knows. In the event that China ends up with a lot of the same players again, I don't think they're going to do well even in the next year. But obviously, CDEC's success is a wake up in terms of the need for new talent and ideas. To this end, look to Tongfu, as they have control over the bulk of the new talent in China.

The only area that I don't think is going to change a lot is Southeast Asia. I just don't see Southeast Asia improving their results due to the lack of local support. As to Korea, no one knows what's going on there till we see whether they get their tournaments back. But even without those tournaments, I think they're going to continue being competitive.

The 2015 "year" has come to an end. But another "year" is just about to begin.
Ringogo
Profile Joined July 2014
United States4 Posts
August 09 2015 04:00 GMT
#7108
On August 09 2015 12:53 SpiZe wrote:
Kinda surprised there is no PPD and Universe shitting on CDEC in the rosh pit gif running around, been searching but I can't seem to find any


http://media.giphy.com/media/3oEdv0ft4kjuMyp4eQ/giphy.gif
Experience is not what happens to you; it's what you do with what happens to you.
poidrac
Profile Joined July 2015
United Kingdom60 Posts
August 09 2015 04:01 GMT
#7109
A great end to a great and extremely fun tournament.

Oh, and here's my completed Reference sheets for the tournament
here

all days reported and updated, and now... *falls on floor, asleep*
Morning
FiWiFaKi
Profile Blog Joined February 2009
Canada9859 Posts
August 09 2015 04:01 GMT
#7110
On August 09 2015 12:57 Rebs wrote:
Show nested quote +
On August 09 2015 12:54 FairForever wrote:
On August 09 2015 12:46 MoonBear wrote:
On August 09 2015 12:41 FairForever wrote:
On August 09 2015 12:37 Rebs wrote:
On August 09 2015 12:33 FairForever wrote:
On August 09 2015 12:26 Rebs wrote:
On August 09 2015 12:24 FiWiFaKi wrote:
On August 09 2015 12:24 FHDH wrote:
On August 09 2015 12:23 Elurie wrote:
[quote]
Then imagine how much IRS are getting.
/sadface

I, also, hate American infrastructure /angryface


Maybe hold TI in some tax haven sanctuary.


Doesnt matter, the company is incorporated in the US. You can hold the event wherever.

Majors will probably have alot of outsourcing so then taxation will vary based on whose resources are being employed for what.


This is not completely true. You could theoretically incorporate in another jurisdiction which then runs its own event. Tax treaties should generally also prevent double taxation to the extent you have income relating to majors hosted outside of the United States.

And you can pay low tax rates in another jurisdiction - but you will still get hit on the way in when you try to repatriate the funds into the United States. So unless they continually reinvest in such low-tax jurisdiction, there will be problems.


Yeah well its not profitable to do that anymore even if you dont bring any money back.

http://www.wsj.com/articles/treasury-to-unveil-measures-to-combat-tax-inversions-1411421056


Correct that they came about after the Burger King - Tim Horton's inversion. I haven't read the legislation but my understanding is that these are supposed to combat phantom inversions. To the extent you're running an event in another jurisdiction that would not relevant in this situation.

Many U.S. companies hold subsidiaries in non-U.S. jurisdictions in order to have operations in such stated jurisdictions. This would be an example of that.

(1) This wouldn't have stopped the BK-TH merger regardless
(2) Tax inversions don't reduce US tax exposure but instead reduce tax burdens because America taxes all income globally regardless of its source rather than only US income so moving your corporate domicile means you no longer pay tax to the US on your German income for example
(3) None of this is relevant to TI


Agree it's not relevant as I noted above.


Actually the whole tangent start off with "this is off topic butt...."


Yes, I was curious.

Thanks for the discussion, it's an interesting topic to me... Business law, lol.
In life, the journey is more satisfying than the destination. || .::Entrepreneurship::. Living a few years of your life like most people won't, so that you can spend the rest of your life like most people can't || Mechanical Engineering & Economics Major
SpiZe
Profile Joined December 2010
Canada3640 Posts
August 09 2015 04:01 GMT
#7111
On August 09 2015 13:00 Ringogo wrote:
Show nested quote +
On August 09 2015 12:53 SpiZe wrote:
Kinda surprised there is no PPD and Universe shitting on CDEC in the rosh pit gif running around, been searching but I can't seem to find any


http://media.giphy.com/media/3oEdv0ft4kjuMyp4eQ/giphy.gif


Thank you my man, knew someone would have my back
fourthirds
Profile Joined July 2010
Canada132 Posts
August 09 2015 04:02 GMT
#7112
On August 09 2015 13:01 SpiZe wrote:
Show nested quote +
On August 09 2015 13:00 Ringogo wrote:
On August 09 2015 12:53 SpiZe wrote:
Kinda surprised there is no PPD and Universe shitting on CDEC in the rosh pit gif running around, been searching but I can't seem to find any


http://media.giphy.com/media/3oEdv0ft4kjuMyp4eQ/giphy.gif


Thank you my man, knew someone would have my back


http://www.twitch.tv/dota2ti/v/10218720?t=42m00s

It's not the same without the audio of tobi's voice cracking
Ringogo
Profile Joined July 2014
United States4 Posts
August 09 2015 04:02 GMT
#7113
On August 09 2015 13:01 SpiZe wrote:
Show nested quote +
On August 09 2015 13:00 Ringogo wrote:
On August 09 2015 12:53 SpiZe wrote:
Kinda surprised there is no PPD and Universe shitting on CDEC in the rosh pit gif running around, been searching but I can't seem to find any


http://media.giphy.com/media/3oEdv0ft4kjuMyp4eQ/giphy.gif


Thank you my man, knew someone would have my back


Got you fam
Experience is not what happens to you; it's what you do with what happens to you.
Valhalla44
Profile Joined May 2010
Bosnia-Herzegovina983 Posts
August 09 2015 04:09 GMT
#7114
On August 09 2015 12:59 Azarkon wrote:
What an end, and looking forward, I think there are going to be a lot of changes to professional Dota 2 later this year and next year.

Now that Fear, PPD, etc. have won, they're going to have the same issues that other players have had after they won. Being the only American team that has had success internationally, that's going to force a lot of the lesser players and teams in the area to step up. Otherwise, America, despite this win, is going to get destroyed in the coming tournaments.

In Europe, I don't think Secret is going to stay together, and so the search for the next star team is on. They have a lot of new talent that's capable of being raised into the next Sumail, but it's difficult to see whether Europeans put them in teams. Europe hasn't done that well in making use of their talent in the last two years.

China is obviously in for a huge mess in terms of teams finally understanding that going with the same players year in and year out is not going to work. Every team, I think, is going to change players. But which team comes out of it, who knows. In the event that China ends up with a lot of the same players again, I don't think they're going to do well even in the next year. But obviously, CDEC's success is a wake up in terms of the need for new talent and ideas. To this end, look to Tongfu, as they have control over the bulk of the new talent in China.

The only area that I don't think is going to change a lot is Southeast Asia. I just don't see Southeast Asia improving their results due to the lack of local support. As to Korea, no one knows what's going on there till we see whether they get their tournaments back. But even without those tournaments, I think they're going to continue being competitive.

The 2015 "year" has come to an end. But another "year" is just about to begin.


Honestly theres a lot of "new" talent in China and i think theres some players who are mature for retiring (fenrir is 26 for example), so im hoping for chinese to still do this more older players with younger talent ( E-Home for example) which seems makes younger players develop faster.
EU need to dive hard for new talent. And NA need to get shit together and have a team that lasts more then 3 months .
Honestly thinking of T1-T2 teams dat can be made NA is better then EU.
opterown *
Profile Blog Joined August 2011
Australia54784 Posts
August 09 2015 04:26 GMT
#7115
[image loading]
ModeratorRetired LR Bonjwa
TL+ Member
TheEmulator
Profile Blog Joined July 2010
28100 Posts
August 09 2015 04:28 GMT
#7116
Nice pic Opterown I'm assuming that was one of your own?
Administrator
bagels21
Profile Joined August 2012
United States4357 Posts
August 09 2015 04:31 GMT
#7117
On August 09 2015 12:45 Vankuga wrote:
https://twitter.com/Slasher/status/630217667048263680

The only two times TI "Champion"


Show nested quote +
On August 09 2015 12:31 Krishan.bif wrote:
Grats fear
[image loading]


It so awesome that he won, after all those hard years and last year injury.

The feels
WolfintheSheep
Profile Joined June 2011
Canada14127 Posts
August 09 2015 04:33 GMT
#7118
On August 09 2015 12:53 FairForever wrote:
Show nested quote +
On August 09 2015 12:43 WolfintheSheep wrote:
On August 09 2015 12:31 FairForever wrote:
On August 09 2015 12:31 FHDH wrote:
On August 09 2015 12:29 WolfintheSheep wrote:
On August 09 2015 12:24 FHDH wrote:
On August 09 2015 12:23 Elurie wrote:
On August 09 2015 12:21 IntoTheheart wrote:
On August 09 2015 12:18 FiWiFaKi wrote:
On August 09 2015 12:15 DucK- wrote:
New stretch goal should be a good ending ceremony.


50mil stretch goal for it next year.

Easily reached.

TI5 was all a master plan by Valve to get people to reach the stretch goal for TI6.

Valve floating in cash.

Physically rolling in dough. Imagine how much money they'll make from running the majors.

Then imagine how much IRS are getting.
/sadface

I, also, hate American infrastructure /angryface

Sad thing for the players is that many countries consider competition earnings to be non-taxable.

Well it's a real job here in the US like any other so those must be governments that breed losers tbqh


Agreed - it's hard to argue that it should be non-taxable. It's a job (albeit with high possibility of very little to no income).

And that's exactly why it's not considered a job and non-taxable, and treated as windfall earnings. And some countries don't tax windfalls.


It would be taxed in both Canada and the United States. Logically it makes sense that it is taxed. It is not a lottery - there is clearly a reasonable expectation of profit from undertaking such activity and it is organized in such a manner that is intended to earn profit (hire coaches, fly around the world) - it's not a hobby.

In what country would it be treated as windfall earnings? As noted already Newbee's players paid around 30% in taxes in China. I am curious as to where you think it would be treated as such (let's assume only developed countries that play DOTA here)

Well, I know that in Canada the line between something like "professional" and "amateur" Poker players is extremely messy, and where the line is drawn is generally case-by-case. And of course amateur player income is not taxable, while professional players are.

Now, an $18 million tournament you can easily say that it can't be anything except professional...except the players don't enjoy any of the benefits of having their "job" being treated as a profession when it comes to things like visas.
Average means I'm better than half of you.
opterown *
Profile Blog Joined August 2011
Australia54784 Posts
August 09 2015 04:35 GMT
#7119
On August 09 2015 13:28 TheEmulator wrote:
Nice pic Opterown I'm assuming that was one of your own?

yeah
ModeratorRetired LR Bonjwa
TL+ Member
Beirut
Profile Joined January 2011
United States673 Posts
August 09 2015 05:46 GMT
#7120
On August 09 2015 13:35 opterown wrote:
Show nested quote +
On August 09 2015 13:28 TheEmulator wrote:
Nice pic Opterown I'm assuming that was one of your own?

yeah


Where were you sitting for the grand finals?
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