Taxation in Canada

Taxation in Canada is lottery winnings taxable in canada Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30% is it legal to play poker online Conversely, lottery winnings come about purely by chance, making them exempt from traditional income tax, at least in Canada This differentiation is crucial in

is it legal to play poker online Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%

is online poker legal in us Income not taxed · gifts and inheritances; · death benefits paid from a life insurance policy; · lottery winnings; · winnings from betting or gambling for simple Personal income tax applies to all income sources of residents of Canada; except for such amounts as gifts, inheritances, lottery winnings, and veterans