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are you taxed on lottery winnings in canada

Gambling tax guide for Canada 2024 -

are you taxed on lottery winnings in canada

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are you taxed on lottery winnings in canada

are you taxed on lottery winnings in canada
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are you taxed on lottery winnings in canada In Canada, on the other hand, tax authorities do not consider lottery winnings to be taxable for Canadian income tax purposes, the Ontario  The amount or value of a prize received by a taxpayer from a lottery scheme is not taxable as either a capital gain or income This will be  you Lottery prizes in Canada are not taxable, and no taxes or fees of any kind have to be paid to Canadian authorities on legitimate lottery winnings in Canada

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