Re: Country with most lenient tax law towards poker income?
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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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That is I must say an emminently sensible way of doing things.
Mack
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