Does anyone know what taxes they take from your winnings at a casino in the Bahamas?

Question

Does anyone know what taxes they take from your winnings at a casino in the Bahamas?

Answer 1

They only tax you if you win big. (i think it's over 10, 000).

You have to declare it to the IRS anyway.. but they take care of that.  IRS reps are on the premises.

You will need to declare you're winning when you leave the island.. Uncle Sam DOES get his share of your big win).

Answer 2

i dont know

Answer 3

tax free

Answer 4

They don't take any money at all. Here in the Bahamas, we don't pay taxes, which doesn't make sense because the government could use the extra money. However, as of now, there's no taxes, and casino winnings are included in that. You can keep all the money to yourself, and buy some a few conch snacks. Have fun in the Bahamas.