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canada lottery tax

Im a dual citizen in ontario canada If I win 1 million

canada lottery tax

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canada lottery tax

website canada lottery tax In general, the government of Canada does not impose taxes on gifts Regardless of the amount, you may not declare any gift or inheritance on your income tax canada lottery winnings tax It also collects corporate income taxes on behalf of all provinces and territories except Alberta Canada's federal income tax system is administered by the

canada lottery tax Do You Pay Tax on Lottery Winnings in Canada? Lottery winnings are not taxable in Canada If you win money through a lottery, like Lotto 649 or  The Ministry of Justice has proposed that the 10% tax on winnings from lotteries, games and contests be increased as it is lower than in  Taxable vs non-taxable windfalls · Lottery winnings · Gifts and inheritances · GSTHST credits · Income tax refunds · Canada Child Tax Benefits

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