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canada lottery tax

canada lottery tax

Tax Advice for New Lottery Home Winners canada lottery tax Canada uses a graduated, or progressive, tax system, which means that your annual income is taxed at progressively higher rates as it increases canada slot 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 You should report the most types of foreign income on your Canadian income tax return Exceptions are some lottery winnings, most gifts and

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