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Old 11-28-2006, 04:25 PM   #18
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Default Re: Are prize money subject to tax?

Quote:
Originally Posted by Lee View Post
Not in Canada That's why the residency makes the difference!
Quote:
Originally Posted by alelysafina View Post
Living in Monte Carlo. The casino makes enough revenue for the country to be tax free for it's residents.
I forgot. As long as you are US citizen, it doesn't matter where you live though. Right? You still have the pay the federal tax or at least the difference if US tax is higher than where you live.
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