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Old 02-28-2014, 02:12 PM   #101
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Are you being sarcastic roadfix or are you being serious. If you are being serious then why do you think he would go through the trouble of reporting it if he was just then going to turn around and cheat? If you were being sarcastic then as Rosanne Rosanadana said....Nevermind.
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Because some people believe that even though pot is illegal that it should not be and in every other area of their life they follow the law and consider themselves law abiding citizens. They believe in their bones that pot should be legal, but it is not (except for CO and WA). They want to continue to be good law abiding citizens so they pay taxes on what the govt says they should. Just because they break one law does not mean that they want to break others.
I was replying to your reply to Roadfix.
I agree as to why bother reporting it.

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I am very confused. I am not trying to give you a hard time Addie. I promise. I just don't understand what this has to do with anything being discussed here. Could you enlighten me? The first time I read this I wondered if this was a post that was supposed to be in a completely different thread about a completely different subject.
Get used to it
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Old 02-28-2014, 02:22 PM   #102
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Oh trust me I am used to being confused. It is my normal state of being
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Old 02-28-2014, 02:25 PM   #103
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Yeah, why report any of it? Either way if you get caught your are having all your assets seized. Might as well not pay taxes on any of it.
The laws about forfeiture are different in Canada.

Some people actually believe it's good to pay taxes, so the government can be funded.

If he doesn't file income tax returns for several years, chances are that the Canada Revenue Agency will ask him to file. If he files "$0" income, he sets off bells. If he files some taxable amount, he will have to pay the tax + interest + penalties.

Though law enforcement can't look at your tax returns without a warrant, I wouldn't be surprised if the revenue agencies pass on some information to them. All they need to do is say, "Here's a list of people who didn't file income tax or filed extremely low or no income." Then the cops know who to watch.
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Old 02-28-2014, 02:55 PM   #104
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Are you being sarcastic roadfix or are you being serious. If you are being serious then why do you think he would go through the trouble of reporting it if he was just then going to turn around and cheat? If you were being sarcastic then as Rosanne Rosanadana said....Nevermind.
No, I was being dead serious. He needs to report some or all of that money as 'other income' if he's making bank deposits, for instance, to pay his bills if that's his only source of income.

I know several small business owners where they transact mostly in cash and none of them honestly report 100% of what comes in.
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Old 02-28-2014, 02:58 PM   #105
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She never said it was his only source of income.
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Old 02-28-2014, 02:59 PM   #106
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No, I was being dead serious. He needs to report some or all of that money if he's making bank deposits, for instance, to pay his bills if that's his only source of income.
Exactly. I have no idea if he declared all of it. I had no reason to believe that he didn't. This is in Canada. It would be impolite to doubt the word of a client for no good reason.
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Old 02-28-2014, 02:59 PM   #107
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She never said it was his only source of income.
You're right, I didn't. It was his only declared income.
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Old 02-28-2014, 03:07 PM   #108
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I know several small business owners where they transact mostly in cash and none of them honestly report 100% of what comes in.
That does not mean that others do not though. I would think, and this is just an assumption on my part, that if someone was going to go through the effort and risk of reporting it that they would not cheat while doing it. That would kind of defeat the purpose. He is reporting it so that he is not going to get in trouble for the tax portion if he gets caught. If he cheats then he will get in trouble so why report it in the first place? Illegal pot is a cash business. Those who do it for a full time job know how to clean their cash.
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Old 02-28-2014, 03:13 PM   #109
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That Federal Stamp is the same one for any smoking product.
Actually, Addie, it has nothing to do with any smoking product. It's a special Drug Tax Stamp, specific to the state, and perhaps to just the county here, and it's got nothing to do with federal stamps.
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Old 02-28-2014, 03:17 PM   #110
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Here is some info on the US marijuana tax stamp. NORML.org - Working to Reform Marijuana Laws
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