Re: Canadian Online Poker Tax Thread
I have a friend who has been pro for 2004-2005-2006. A local newspaper wrote an article on him with his full name. The CRA followed that and come to see him. They declared his poker income taxable. He contested by a letter (but im not entirely sure on how he prodeded here) He just received a letter from the CRA that they maintain their decision. He have some time to contest in a tribunal. Also, I'm not sure if its with the Quebec revenue agency or the canadian one that he is talking with, i will ask him.
He is a small online pro who didn't won much but enough to make a living. After deducting expenses he own 14 000 $. He is not sure if he want to go to the tribunal because some lawyer told him it would cost 5000 $.
Any help or thoughts ?
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