I just bought a piece of a player in the main WSOP event.
He requested info for reporting taxable winnings should he finish in the money.
Question is: What reporting/tax payment obligation do I have as a non-resident non-U.S. citizen? Do they withhold tax from winnings to foreigners in Las Vegas, and if so over what $ threshold and what percent?
He requested info for reporting taxable winnings should he finish in the money.
Question is: What reporting/tax payment obligation do I have as a non-resident non-U.S. citizen? Do they withhold tax from winnings to foreigners in Las Vegas, and if so over what $ threshold and what percent?