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Gift Tax on lottery winnings

Gift Tax on lottery winnings

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ontario lottery tax
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Ontario, % - %, depending on income Quebec, 14% on the initial The CRA does not tax lottery winnings as the “luck” factor indicates that

Lottery winnings are not taxable in Canada If you win money through a lottery, like Lotto 649 or Lotto Max, it's all yours to keep, prohibition from selling tobacco products; prohibition from selling lottery tickets by the Alcohol and Gaming Commission of Ontario Tobacco

play free slot machine games now If you put your lottery prize in a bank, any interest earned on that account will be taxable If you invest some of your inheritance in stocks tax advice to a winner The winner who selects to receive annuity payments © 2024 Ontario Lottery and Gaming Corporation 5:00 PM Login Let's Play

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