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tax on lottery winnings canada

tax on lottery winnings canada

Taxes on Prize Winnings and More! tax on lottery winnings canada Net lottery winnings are the total amount of winnings that remain after subtracting the cost of the lottery ticket The exact amount of tax tax calculator for lottery winnings You should report the most types of foreign income on your Canadian income tax return Exceptions are some lottery winnings, most gifts and

taxes on lottery winnings Such income is generally taxed at a flat rate of 30% Nonresident aliens generally cannot deduct gambling losses The only exception is Canadian

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