Casino Tax Refunds
(PRLEAP.COM) Casino Tax Rebate enables Canadians and other international visitors gambling in the United States to recover the 30% withholding tax that is deducted on their gambling winnings. Casino Tax Rebate is a Canadian Company founded in 1979 that specializes in Casino Tax Refunds.The IRS requires that casinos and other gambling establishments withhold 30% of the gambling winnings of International visitors. However, due to the U.S.A. Canada Tax Treaty, Canadians can offset wagering losses against the wagering winnings reported and get some or all of the withholding tax back!
Recovery of the gambling tax on winnings is a two part process. First a Canadian must obtain a U.S. Individual Taxpayer Identification Number. The process for this usually takes six to eight weeks. Then an application for a Casino Tax Refund is made to recover the tax on the basis of the Canada U.S.A. tax treaty. Gambling winnings are exempt by tax treaty if you have spent as much money gambling as you have won. The whole process can take three to four months. Using an IRS approved Certifying Acceptance Agent like Casino Tax Rebate simplifies this lengthy and confusing process.
Casino Tax Rebate is a member of the Better Business Bureau and an IRS authorized Certifying Acceptance Agent, providing U.S.A. Individual Taxpayer Identification Number certifications and U.S. Gambling Tax Recovery Services.
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