I know American's are taxed, but I'm wondering about Canadians.
2006-10-12 12:59:10 · 8 answers · asked by Ashleigh 4 in Games & Recreation ➔ Gambling
No we do not get taxed on winning that are won in Canada. However if we win in the USA they automatically take 30% if you win more than $1200. We can file a USA tax report (forget the name of the form we fill out) and get the money back. There are businesses that will look after your tax form for you for a percentage of your return. The place I have used was is below.
2006-10-13 09:56:28 · answer #1 · answered by Anonymous · 2⤊ 0⤋
no Canadians do not get taxed on their winnings.
2006-10-12 13:37:25 · answer #2 · answered by glasgow girl 6 · 0⤊ 0⤋
well yes we are taxed, not right away we have to pay but we have to declare it as income and get taxed at that dreaded tax time...so we do not win in the end..but u could always give it to someone that u know as a gift and they could share it with u, then u wouldn't have to pay taxes cause it would be a gift thats one way to get around it.
2006-10-13 03:30:09 · answer #3 · answered by Angel T 2 · 1⤊ 0⤋
There are no taxes on lottery winnings in Canada, so all of your points are moot. Hopefully you posted to the correct category.
2016-05-21 21:36:29 · answer #4 · answered by ? 4 · 0⤊ 0⤋
Nope they are not. If they win in the States then they have to pay the taxes. It is kinda nice.
2006-10-12 13:08:34 · answer #5 · answered by who_me_never_me 2 · 1⤊ 0⤋
Hypothetically no. Canadians never win.
2006-10-12 13:06:03 · answer #6 · answered by Anonymous · 0⤊ 3⤋
u may want to check some canadian gov websites about that. i think they are taxed.
2006-10-12 13:06:29 · answer #7 · answered by pinoydj619 6 · 0⤊ 1⤋
I'm sure they are.
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2006-10-12 15:56:40 · answer #8 · answered by Poker Guide 2 · 0⤊ 1⤋