Re: Canadian Online Poker Tax Thread
Interesting, thanks for posting this as I've been wondering myself.
I'm by no means an authority on the subject, but I always thought that lottery (and casino) winnings were NOT taxable in Canada.
I recently heard in the news that Dalton McGuinty (<-- liar, broken promises, liar, ...) said that he was going to try to tax (live) casino winnings. This leads me to believe that, currently, casino winnings are NOT taxed. And I further do not see how a disctinction would apply between "live" and "online" casinos.
After all, poker is merely a "game of chance," right? [img]/images/graemlins/tongue.gif[/img]
Anyway, let's see what our authority has to say.... David Ross????
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