canada lottery tax
How Does Income Tax Work in Canada
canada lottery tax
website canada lottery tax Gambling is a regulated activity in Canada that is only legal when it is managed by a provincial government The BC Lottery Corporation manages canada pr lottery Like the other poster mentioned lottery winnings are not taxed in Canada If they were taxed as income, you'd be paying $400,000 + in taxes, not
canada lottery tax Yes, you would still have to pay taxes on your lottery winnings to the IRS, even though you are a dual citizen living in Canada and the winnings In Canada, lottery winnings are tax free! However, this is not the case in the States, so if you visit the US and buy a lottery ticket there, Indeed, provincial and federal governments in Canada derive a substantial sum of revenue from excise taxes on alcohol and tobacco as well as