Topic: Canadian tax laws?

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Posted at August 14, 2006, 9:30 am:

I'd heard they are a bit less strict compared to the US ones. But I'm wondering how much I can cash out in a year tax free. I think I heard that canadians can cash out a whole bunch if its not their primary source of income (ie you have a job). Is there a set amount per calendar year that you can cash out tax free? Anyone else have any info on this?

Thanks
Breadeater

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Replies:

I was told that it was around 50kish(not sure if that is us or can$).

As far as I know there are no taxes on gambling winnings unless it's y...

dont know if you did or did not, but try using the search function.

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