1. Welcome to VegasMessageBoard
    It appears you are visiting our community as a guest.
    In order to view full-size images, participate in discussions, vote in polls, etc, you will need to Log in or Register.

Brits vs Canadians and taxes

Discussion in 'Misc. Vegas Chat' started by Joe, Jul 22, 2014.

Thread Status:
Not open for further replies.
  1. Joe

    Joe VIP Whale

    Joined:
    Sep 11, 2009
    Messages:
    11,332
    Location:
    Wisconsin
    Trips to Las Vegas:
    175
    I'm reading the thread about tips for UK people and someone posted they don't have to pay taxes on winnings. Is that different than Canadians? I thought several Canadians have posted that taxes are withheld and than you have to file a form to get the withholding back. I'm just curious about this.
     
    Christmas
    My wife's birthday
  2. richardinbc

    richardinbc Low-Roller

    Joined:
    Oct 29, 2002
    Messages:
    245
    Location:
    Mission B.C.
    Trips to Las Vegas:
    10
    Yes Joe you have it right. Different tax laws for different countries.
     
  3. Auggie

    Auggie Dovahkiin

    Joined:
    Jan 8, 2009
    Messages:
    5,749
    Location:
    Burnaby, BC
    Trips to Las Vegas:
    14
    Yes, the tax treaty that Canada has with the USA allows the USA to withhold income taxes from Canadians for any income they make in the USA. Though Canada doesn't consider gambling winnings to be taxable income, the USA does and so thats why taxes are withheld.

    With the UK the tax treaty they have with the USA doesn't allow the USA to withhold income taxes.

    It is mainly like this because there are lots of people that live in Canada but work or own businesses in the USA so the treaty gives the US government a way to collect taxes from Canadians. While there will be people from the UK that work in the USA and all that, its just not going to be as common as Canadians working there.
     
  4. sandybeachbar

    sandybeachbar Low-Roller

    Joined:
    Apr 8, 2010
    Messages:
    328
    Trips to Las Vegas:
    60
    Canadians have 30% of our taxable wins held back. We are required to have an ITIN (Individual Taxpayer Identity Number) and then file a 1040NR (non resident) to get our taxes back.
     
  5. Joe

    Joe VIP Whale

    Joined:
    Sep 11, 2009
    Messages:
    11,332
    Location:
    Wisconsin
    Trips to Las Vegas:
    175
    Thanks! Learn something new everyday, hopefully anyway!:evillaugh
     
    Christmas
    My wife's birthday
  6. Grandad

    Grandad Tourist

    Joined:
    Dec 29, 2009
    Messages:
    59
    Location:
    Leicestershire UK
    Trips to Las Vegas:
    40
    As a Brit, I had a Casino complete a form to obtain an ITN form and now all I do is show it to the Handpay ( Assuming I win one ) and get the full amount of my win.
     
Thread Status:
Not open for further replies.