Purpose of Payment |
---|
|
Income Tax Folio: Lottery Winnings, Miscellaneous Receipts |
---|
Internet, television, and radio programs
1.26 The value of a prize or other award received by a person for being at or participating in an Internet, radio, or television program is generally not included in income when it is awarded through a draw because, for example, the person is in a lucky seat or has a certain brand of merchandise at home. The treatment does not change even though the person may have to demonstrate some minor degree of skill or knowledge before being eligible to receive the prize, or the prizes that go to winning contestants, the consolation prizes that go to losing contestants, or the merchandise gifts given to all participants are all that the person receives for appearing in the program. |
"Sunatori, Go Simon" <GS.Sunatori@HyperInfo.CA> |
[Donation/Don, SVP] |