Categories
Uncategorized

Claim Back Your US Withholding Tax on Casino and Lottery Income

Millions travel every year to United states casino hot spots. Although Las vegas and Atlantic City are the gambler traveling hot spots in the us, many other states offer very popular Native American Casinos. Casinos payout money each year to thousands of lucky winners. It may not seem like it to most, but someone has to Judi Online win big, and someone does. Hopefully it will be you on your next trip to Las vegas. If your one of the lucky winners at the casino, you may be in for a shock. If you are from a country like The us, you may not expect to be taxed on your income. In the united states you will be taxed a 30% withholding tax. If you win a million dollars the casino will hold 30% of your income. Casinos are required legally to reduce to give the 30% withholding tax.

As a non-resident you can claim back this withholding tax. Depending on your country of origin, you can file to have some or all of the withholding Tax refunded to you. If you have won, contact a professional casino refund service to obtain some of your income back. A professional service will be familiar with not only the forms to be filed, but the tax laws of both the united states and your country of origin. They will help maximize the amount that will be refunded to you. The us has a tax treaty with the US, so Canadians will not really get a full refund of the withholding tax, but a good professional service will help you get the maximum money-back. If you are from any of the followings countries: Czech Republic, Denmark, Finland, Spain, Germany, Hungary, Ireland in europe, Japan, Italy Latvia, Netherlands, Russian Federation, Slovak Republic, Slovenia, South Africa, The nation, Sweden, Tunisia, Turkey, Ukraine, Austria, and england, you will luckily obtain full refund.

In addition to casino income, you will also be taxed the same on any state lottery income if you buy a ticket. If you gamble professionally, or just an amateur who have joined the growing masses playing poker tournaments and win on US soil, you will also be governed by the withholding Tax.

Leave a Reply

Your email address will not be published.