Articles About tax on winnings

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Why Gambling Winnings are Taxed in the US but not Canada

Why Gambling Winnings are Taxed in the US but not Canada

Toni May 7, 2014 15:07:07

US offers a promising gambling experience but comes with a price, while Canada offers less but doesn’t take away winnings. Gambling has been a popular activity for centuries across the globe. However, since the modernization of society, some nations have adopted certain laws pertaining to gambling. The US imposes certain restrictions on players, which effectively […]