View Single Post
  #9  
Old 11-09-2005, 07:25 PM
teddyFBI teddyFBI is offline
Member
 
Join Date: Jun 2004
Posts: 99
Default Re: Canadians Who Win Consistently- Do You Pay Taxes?

[ QUOTE ]
Poker is not taxable in Canada. It's considered lotto, and not a game of skill...

[/ QUOTE ]

This is very false.
It's not considered lotto.

But laws are vague enough that there likely won't be significant penalties for not paying taxes on them until there is significant legal precedent on point. Hopefully you won't be that precedent.
Reply With Quote