Hi In My Opinion If you elect to claim a tax loss on any form of...

Hi In My Opinion If you elect to claim a tax loss on any form of Gambling you will have to show Income that this loss is claimed on . Then when you make a profit from any form of gambling you should be prepared to pay The Tax I think that anyone who Starts up a Business Backs a Racehorse Plays the Pokies buys Tattslotto tickets or buys Shares Expects to WIN and would be more than happy to Pay Their Due Taxes when they WIN I would be more than happy to pay this tax . I know that they will not accept my losses and the cost of the Accountants outways the benefits anyway Regards Towie