According to Canadian tax laws, cash prizes awarded to Olympic medalist is taxable. Olympic cash prizes range from $10,000 to $20,000 per member of the winning team. Taxes are inevitable, make sure you are not caught off guard – plan accordingly so that you can keep more of it.
Everyone Pays Taxes Even Canada’s Olympic Medalists
by romzbajalan@gmail.com | Sep 1, 2016 | Articles, news