mrquincy
Generally Specific
- Since
- Feb 24, 2011
- Messages
- 4,706
- Score
- 53
- Tokens
- 0
CRA is the only branch of government where you are guilty until proven innocent.
I know someone personally that was deemed to owe more than $200k in taxes because of how much money was gambled through his horseplayer account at Woodbine.
The guy was unemployed/on welfare and allowed a banned high roller to bet through his account so he could collect the weekly rebates - substantial rebates, paid in cash.
He was assessed by CRA over 6 years ago and is still battling with them.
Wow. I stand corrected... I have never heard about anyone I know having to declare their online poker income, I never thought about horse racing though. You learn something new every day.