Re: Question on Canada and taxes
I've read all of the thread (and previous threads) ... and I've had my accountant read the appropriate bits of tax law as well.
In my case, employment income >> poker income and hours spent on employment income >> hours spent on poker. (Yes, I've read the snooker example from the other thread.) He felt comfortable in recommending to me when poker income >= employment income, claim poker as a business. Even if I luckbox my way into a WSOP ME win, pay the taxes. Until then, it is a hobby.
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