EJ1379009 - The Lottery Is a Tax on …, Canadian Journal of
Because lottery winnings are not taxable, lottery tickets are not tax deductible Lottery winnings are considered a windfall and not taxable in Canada
Income Tax Implications Of Winning A Lottery Or Gambling In Canada canada lottery tax
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52 of the Income Tax Act to be the fair market value at the time it is won This means that there is no capital gain if the prize is
canada dv lottery The benefit of the basic exemption limit and income tax slab rate is also not applicable to this income The entire amount received will be
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