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In Canada lottery prizes are not taxed so why do some

In Canada lottery prizes are not taxed so why do some

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taxes on lottery winnings canada
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Online gambling winnings are not taxable in Canada In the Canadian tax system For money to be considered income, it must come from a traceable

Canada Child Tax benefits and benefits from related provincial and territorial programs; Child assistance payments; Lottery winnings; Most gifts and included in your Canadian taxable income, lottery winnings, gifts, inheritances, life insurance awards, strike pay, interest earned on a Tax

slot places The tax exempt status of gambling winnings comes from the longstanding principle in British law that the winnings of a person placing bets should not be taxed, Lottery wins are generally not subject to Canadian tax, but may be taxable Lottery winnings are not taxed in New Zealand References edit ^ Liberto

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