12th January 2005, 06:47 AM
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Member
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Join Date: Jan 1970
Location: geeveston
Posts: 702
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i have not known of anyone being taxed.
the problem is where do losses become deductible and winnings being taxable.
the tax department probably doesnt want to go there.
professional gamblers are a rare breed and i think the ato would recognise this.
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laurie
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