Declaring Foreign Income in Canada
While professional gamblers are subject to taxes appropriate to their line of business, Canadian citizens who gamble as amateurs benefit from an exemption on
Won the lottery? What Canadians should do if they take is there tax on lottery winnings in canada
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A ticket lottery licensee is obligated to conduct the draw on the advertised date as printed on the ticket and announce the winning ticket number Under
is winning the lottery a blessing from god Canadians are not taxed on lottery winnings, but any income earned by the winnings is taxable Contact a tax specialist or Revenue Canada to find out more