Are online poker winnings taxable in Canada? One of the main draws for Canadian online poker is that winnings from it (and other forms of gambling) are not considered to be income. Therefore, poker and gambling winnings are tax-free. This is partly thanks to the Canadian lottery, which does not tax its winners. Gambling tax in Australia doesn’t apply to winnings if they were made via an online casino or a land-based casino. Again, casino operators are obliged to pay license fees in addition to taxes on gambling although the exact numbers vary from state to state.

Are Gambling Winnings Taxable In Canada

Are Poker Winnings Taxable In Canada

Comments

• Google search yields.. https://ca.pokernews.com/news/2017/04/are-poker-winnings-taxable-income-in-canada-17323.htm
  Decision is, are you pro or not. If you have a regular job and play casually the no you are not a professional, you are a lottery winner and they are not taxable... as always, confer with your lawyer for a definitive answer, if there is one.
  By the way, nice catch, I bet you can recall a lot of big flips and bad beats you laid to win. Good job.
• Why would you want to pay tax on your winnings?
  Wouldn't that outweigh the tax write offs?