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    Utfull's Avatar
    Utfull Posts: 1, Reputation: 1
    New Member
     
    #1

    Dec 30, 2008, 04:39 PM
    Tax on money by online casino
    Sir I live in india and I won 10,000 $ in a online casino, I have not yet cashed that money to my account am I liable to pay any taxes on the money and is my money legal??
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,784, Reputation: 846
    Senior Tax Expert
     
    #2

    Dec 31, 2008, 08:47 AM
    If this is a U.S. tax question, you owe NO U.S. taxes, because no on-line casino is based in the United States.

    As for the legality, that depends on Indian law, on which I am NOT an expert.

    I cannot comment as to whether you owe taxes to the Indian government. Try posting your question on http://www.mytaxes.in.

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