Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > Internet Gambling > Internet Gambling
FAQ Community Calendar Today's Posts Search

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #11  
Old 10-07-2004, 09:29 AM
TorontoCFE TorontoCFE is offline
Senior Member
 
Join Date: Sep 2004
Location: Brampton, Canada
Posts: 165
Default Re: Canadian Online Poker Tax Thread (article)

It doesn't matter where the money is earned or spent.
If you live in Canada or are deemed to live in Canada, then you are required to pay Canadian tax on your GLOBAL INCOME.

There is no legal way around that other than international tax treaties , but all that allows you to do is declare the income in Canada and deduct the foreign income tax paid against what you owe in Canada. If you aren't paying tax on it anywhere else, you pay the full amount to Canada.
Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 10:10 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2026, vBulletin Solutions Inc.