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World Championship Prize Money

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GalacticMarine

Senior Member

10-10-2012

I just have a question about the prize money. Do the winners of any of the money get taxed from their winnings? And if so, what percentage would it be? And I'd assume it would go to the US government since the championships are in the US?


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GalacticMarine

Senior Member

10-10-2012

Bump.


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chaser676

Senior Member

10-10-2012

Quote:
RustyHunter:
I just have a question about the prize money. Do the winners of any of the money get taxed from their winnings? And if so, what percentage would it be? And I'd assume it would go to the US government since the championships are in the US?


Prize money earned by non citizens or greencard holders is subjected to taxation by the government of the winner.


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GalacticMarine

Senior Member

10-10-2012

Quote:
chaser676:
Prize money earned by non citizens or greencard holders is subjected to taxation by the government of the winner.

Thanks. Just curious, do you know how much?


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