Canada approved
Verified casinos
Interac Payments
100% tested
18+

What Online Gamblers Should Know About Winnings Taxes

Casino players engage in gambling activities hoping to have fun and win some cash.

However, they may forget about other important factors such as taxation.

Some countries have complex tax policies that can turn winners who fail to file taxes into losers.

Casino players should consider their country’s tax laws and policies before gambling.

Luckily all wins are to be paid completely tax free as of 2019.

 

Gambling Tax Laws in Other Countries in 2019

Different countries have different taxation laws and policies.

For that reason, you should read and understand the rules before playing casino games.

US gamblers have to pay 25% of their winnings as tax after winning a jackpot.

In other countries, all gambling activities are not taxed except for lottery winnings.

 

In Spain, gamblers report their winnings as income, so they pay tax in the form of income tax.

Overall, taxes on gambling winnings vary from country to country.

The most important thing is to know your country’s taxation policies and laws.

Knowing the rules from the start will prevent regrets and reduce the chances of losing your gambling winnings.

Feel free to share your comments with us.

 

To secure your cashouts to be completely tax-free, we would recommend that you would play on casinos that are properly licensed.

Playing on licensed casinos is advisable due to the risk of playing on non licensed online casinos.

While playing on legit casinos with correct license, such as the Maltese license you can be sure that the cashouts and slot games available are legit.

You can always check if the casino has valid license when you scroll down to the bottom of the casino and check the logos.

Identifying a tax liable online casino is important in Canada.

 

Rest assured all the online casino offers and reviews we have listed are completely wager free for Canadian Casino players in 2019.

Good luck on the world of slots.

Medallion MEGAWAYS™ – Cosmic Fun From Fantasma Games

Medallion MEGAWAYS™ – Cosmic Fun From Fantasma Games

If you are searching for a slot that is tantalizingly fresh and different, then this new release is one to spin. Medallion MEGAWAYS™ is the latest sleek, creative production from the inspired studios of Fantasma Games. Prepare yourself for gripping gameplay, an array of colourful features and a scintillating one-handed gaming experience! Sheer Entertainment Value […]

Flower Fortunes MEGAWAYS™ Slot – New Innovation From Fantasma Games

Flower Fortunes MEGAWAYS™ Slot – New Innovation From Fantasma Games

Play Flower Fortunes MEGAWAYS™ For The Ultimate Experience The first new slot of 2019 from the creative software team at Fantasma Games is designed to bring you something modern, fresh and thrilling. It also has the interesting added benefit of offering one-handed mobile gameplay. Experience a unique design concept and this company’s continuous drive to […]

Cashmio Steps Up Compliance

Cashmio Steps Up Compliance

GIG and Cashmio Casino have partnered up with interesting compliance features for Canadians. Through the deal, Cashmio will bolster its compliance efforts in key markets by means of integrating GiG’s generation as a significant a part of its compliance workouts. GiG’s tracking service has been designed in response to operators’ desires to similarly fortify control […]

Show more