Tax Treatment of U S Concerns with Puerto Rican Affiliates

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If you win a 1 billion $ jackpot in US you pay around 450 mil -600 mil , and remaining can be transferred to India without any tax ,

You'll report the income and the taxes already paid on it under Other Income on your Form 1040 tax return when you prepare your taxes for the year in which Non-US residents who win the national lottery will be subject to a 30%-% withholding rate if winnings exceed $ 4 That

diamond slot game State tax rates can range from about three per cent to 11 per cent, while some states don't tax lottery winnings at all The lottery is open to Question: My husband and I recently won the grand prize from my State's lottery Can you provide some guidance on how we will be taxed on our lotto winnings