The House Ways and Means Committee- the main governmental committee in charge of taxation, tariffs and other revenue streams- will be holding a significant tax hearing on Internet gambling next week, according to a recent announcement by the committee chairman Rep. Sander Levin (D-Mich.).

This hearing, set to take place Wednesday, May 19th at 10:00 a.m., will cover the current US tax situation in regards to internet gambling, as well as the tax potential of different pending legislations, including Rep. Jim McDermott's (D-Wash.) HR 4976- the Internet Gambling Regulation and Tax Enforcement Act of 2010.

Shortly after Levin’s announcement, the Poker Players Alliance- poker’s leading grassroots advocacy group- put out an “Action Alert,” asking all PPA members who reside in districts represented by members of the House Ways and Means Committee, to contact them in advance of this hearing, letting them know how important, a safe, legal, and taxable form of internet gambling is to them.

For more information on this hearing, the PPA’s “Action Alert” or on current US law regarding internet poker, visit the Poker Players Alliance website (theppa.org).