Im a dual citizen in ontario canada If I win 1 million
Im a dual citizen in ontario canada If I win 1 million
Lottery winnings must be claimed from the lottery jurisdiction that sold the ticket In General, Canadian tax authorities do not treat lottery, casino, bingo
The tax exempt status of gambling winnings comes from the longstanding principle in British law that the winnings of a person placing bets should not be taxed, If a Canadian won the Mega Millions, the IRS will hold back $ million! Dealing with the IRS is difficult and complicated Refund Management Services can
lottery sambad 29 11 23 Windfalls, such as lottery winnings, inheritances, and certain types of gifts, are typically not subject to income tax—though their investment tax-paid earnings , of a trust resident in Canada for a taxation year, means winnings on a bet, in connection with a lottery scheme or a pool