gambling and taxes
 
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gambling and taxes

 nate
(@nate)
Posts: 1
New Member
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Are there territorial income taxes? If yes, what is the tax rate? Is gambling legal, land based and online(internet)? Is gambling revenue(winnings) taxable?


 
Posted : December 11, 2002 6:03 pm
 Ric
(@Ric)
Posts: 479
Reputable Member
 

No territorial income tax. You just pay federal taxes and they stay in the territory. Gambling is legal, at least on STX. There's a casino there.

Ric


 
Posted : December 12, 2002 4:27 am

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