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Old 11-05-2005, 05:26 AM
wheelz wheelz is offline
Senior Member
 
Join Date: Oct 2004
Location: London, Ontario, Canda
Posts: 163
Default Re: Paying taxes on Poker Winnings...

no, you are wrong. if it's your main source of income, yes you do have to pay taxes on your gambling winnings in canada, i assure you.

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Because online poker itself is illegal in Canada, you should not be paying taxes. I doubt drug dealers do.

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sadly enough, yes they do. drug dealers, prostitutes, or anyone else dealing with illegal income actually has to properly file their taxes. they can deduct "business expenses" too. handcuffs, whips, scales, whatever. the government wants your money, they don't care so much about how you got it.
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