Re: For those wanting to know about poker and taxes in Canada
This is something I've been thinking about a lot as well. I'm a grad student, so my taxable income is less than 20k, and I make more than that playing.
As far as I know, no Canadian has yet come out on these boards and said outright in any thread that they pay taxes on poker winnings.
Tax law is very hazy, and gambling winnings aren't really taxable in Canada unless certain conditions are met (chiefly that you had a reasonable expectation of winning). Basically, I'm prepared to sit tight and if the CCRA comes after me I'll be happy to open up my books and give them what they want.
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