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Old 11-25-2005, 04:22 PM
sredinator sredinator is offline
Junior Member
 
Join Date: Apr 2005
Location: ontario
Posts: 16
Default Re: Country with most lenient tax law towards poker income?

My understanding is that to be taxable in Canada gambling has to be your primary source of income. CRA must be able to show that you approach poker in a systematic manner, with a reasonable expectation of profit, and that it is your primary source of income. If you have a full time or even part time job you can make a strong argument that gambling is not your primary source of income and hence not taxable.
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