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Is the purchasing of Art Union tickets tax deductible?

Is the purchasing of Art Union tickets tax deductible?

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Yes, your lottery winnings are tax-free You can also give away as much as you want as a one-off gift without the recipient having to pay tax Of course

Lottery winnings that are paid as a single lump sum amount are © Commonwealth of Australia Authorised by the Australian Government

lottery sambad result 1_00 pm Australia SECTION 26AJ Part III — Liability to taxation INVESTMENT-RELATED LOTTERY WINNINGS TO BE INCLUDED IN ASSESSABLE INCOME 26AJ

lottery sambad 2010 23 If you win the lottery, you'll likely be propelled into the highest federal tax bracket The state where you live and the place where you bought

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