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Vancouver Taxes

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Maz   Canada. Apr 21 2013 18:40. Posts 345
Ho

I have about 6 grand on Stars. If I cash that out in Vancouver, Canada. Is there taxes I pay on it ?

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chrusher97   Canada. Apr 21 2013 18:58. Posts 449

no, in canada you dont have to.


edit: im assuming your canadian and not american living in vancouver, if thats the case I dont know

 Last edit: 21/04/2013 18:59

Maz   Canada. Apr 22 2013 03:14. Posts 345

Yep I am a canadian. Are you sure about that? Did u try cashing out or talking to an accountant?

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TalentedTom    Canada. Apr 22 2013 11:02. Posts 20070

I've never heard of anyone in Canada who plays having an issue with the revenue agency

Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light not our darkness that most frightens us and as we let our own lights shine we unconsciously give other people permision to do the same 

Target-x17   Canada. Apr 22 2013 16:26. Posts 1027

Ya ive walked into the bank with a lot more then that and a smile on my face and had no problem. I think it is only ever a small problem if your making over 100k a year and even then theirs ways around it like 1 shift a week at tim hortons for your dad smoking weed in the back

f u bw rockLast edit: 22/04/2013 16:26

Highcard   Canada. Apr 22 2013 16:39. Posts 5409

every one is different. Need to talk to tax lawyer and figure out how your money was generated. I am not going to talk anymore on this subject since I am not qualified.

I have learned from poker that being at the table is not a grind, the grind is living and poker is how I pass the time 

HeRoS)eNGagE   Canada. Apr 22 2013 18:32. Posts 10877

no you dnot have to
but Tom, somes are having problems lately(tiltman) and takechip or giggy i dont remember which one

its gona go to court i think
i dont see how they can lose tho


TalentedTom    Canada. Apr 22 2013 23:00. Posts 20070

wtf the CRA is taking them to court over due taxes??

Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light not our darkness that most frightens us and as we let our own lights shine we unconsciously give other people permision to do the same 

Maz   Canada. Apr 23 2013 06:40. Posts 345

Interesting,... I trust I will be okay with such a small amount. I dont mind paying taxes on it if they ask me too man!

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YoMeR   United States. Apr 25 2013 08:23. Posts 12360

6k is not enough for any countries revenue service to shit bricks over ;o

add like 5 zeros to the end and then you might start getting some notice

eZ Life. 

careface_   Canada. May 21 2013 01:50. Posts 787


  On April 22 2013 22:00 TalentedTom wrote:
wtf the CRA is taking them to court over due taxes??



over the fact theyve been living off poker, yes.

the revenu bureau doesnt care if its drug money, whores money or gambling money, if its your only income, and you live on it, you must pay taxes on it.

but the law says gambling is gambling and isnt something you pay taxes on,

thats where its tricky, they are both right in their demands.

but i think in the end, law > all, so they should be fine.. well see. (they will mostlikely modify law after stuff like this)


 





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