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BankItDrew
Old 08-25-2007, 05:27 AM     Post subject: Canadian Players Online #1 (permalink)  
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 Why the Strategies forum? Important post, popular forum.

I play poker online in Canada and wish to begin making withdrawls. So I have a couple questions for Canadians here, already in this situation.

Do you let the government know that a major source of income is from gambling?

Have you considered audits being performed?

Are you hesitant to withdrawl more than a certain amount at a time due to deposits getting 'flagged' at the bank?

See, I don't know what to do. Whether or not I should withdrawl all I like and let the gov. come to me, or if I should go to them.

The term 'tax evasion' has been running through my head a lot recently.

Advice from players outside of this country is also greatly appreciated.

Thanks,
Drew
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pokerfan
Old 08-25-2007, 05:23 PM #2 (permalink)  
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pokerfan
i never reported my poker income to the government coz i didn't really think of myself as a professional player. poker winnings both online and in casino poker rooms are non taxable at this time.as a casual poker player, there is no need to claim your poker winnings.
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