The Canadian Law Times

canadian lottery tax   Dan canadian online poker

My friend went to Canada almost 200 days more than 6 months back as his PR got confirmed He won a lottery for a million dollar Do he need to

In this video, I explain the income tax implications of winning a lottery or gambling in Canada  Is my ticket purchase tax deductible? No, lottery tickets are not tax deductible as per Canada Revenue Do I have to pay tax on any winnings? Lottery

fc2 2158352 Gambling is a regulated activity in Canada that is only legal when it is managed by a provincial government The BC Lottery Corporation manages Although lottery winnings aren't taxable in Canada, the owner of a lottery home may have to pay a capital gain tax if they choose to sell the house