What To Do If You Win The Lottery In Canada?

Lottery winnings are subject to withholding as well as to federal and sometimes state taxes If you win big, plan for the taxes ahead of

Most recently, David is a pioneer in Canadian crypto taxation As of April 2020, he was one of 12 Ontario Certified Specialists In Taxation™

area slot 10รับ100 Contest prizes and winnings from lotteries or gambling are not taxable in Canada, so this type of income does not have to be reported on your

are lottery annuity payments guaranteed tax this BUT would I have to pay the IRS as lottery winnings in the US are taxed? Does it make a differenct im in Canada? thanks Answered