lottery tax in canada
The Taxation of Poker and other Gambling Winnings in Canada
lottery tax in canada
lottery tax in canada
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lottery tax in canada A: For residents and resident aliens, percent in federal and state withholding taxes is deducted for every Lottery prize over $5,000 Current federal tax If you are a Canadian resident and have had 30% tax withheld from winnings from a game show, according to an agent with the Internal Revenue Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%