Thread: Serious tax problem.. Need advice.
View Single Post
  #34  
Old 05-01-2005, 10:55 PM
sumdumguy sumdumguy is offline
Member
  
Join Date: Dec 2003
Location: Canada
Posts: 89
Default Re: Serious tax problem.. Need advice.
[ QUOTE ]
The law in Canada is not sketchy... so if you just play on the side your poker winnings are not taxable even if they dwarf your primary source of income.

[/ QUOTE ]
The law is not sketchy.. even if you played on the side, it is taxable. The question is whether your gambling profits are: a. income, or b. windfall.
Reply With Quote