What is the lottery tax in another country
In the context of globalization and
the total spread of the Internet, people got the opportunity to participate in
prize draws not only in their countries, citizens and residents of which
they are, but also in other states. AND, sure, many people care
question, do i need to pay lottery tax, if it was played in another country?
There are certain
nuances. So, if a special agreement has been signed between the organizer and
the state, then the amount of tax on lottery winnings is calculated at the rate
the state specified in the agreement. for instance, Russian citizen won in
lottery, tax is paid at US rate and vice versa.
But this order
functions only if, if signed between the country and the organizer
agreement. If there is no agreement, то если
won the lottery, the tax will have to be paid and the American, and Russian
side - 25% the winner will pay the USA and 13% (or 35%) - Russian
Federation.