Residents of foreign countries are often confused with the tax policy in the United States and how to go about filing for a gambling tax refund once they are faced with a casino tax resulting from monies won at a casino on US soil. There are several reasons for this confusion. US tax laws are difficult to decipher, and certain information can be lost in translation between communicating parties. Even for foreign residents who are fluent in English, the process of dealing with the IRS can be daunting and extremely stressful.

The current casino tax law in the United States stipulates that any financial gain resulting from gambling at an approved and authorized casino or gambling institution is subject to a 30% income tax. For International residents of specific countries there is the possibility of filing for a gambling tax refund. If you are unsure whether or not you qualify for such a filing you need to research the tax treaties your country has in place with others and educate yourself on the protocols involved.

If your country has a tax treaty in place with the United States then you more than likely qualify for a gambling tax refund of some sort, quite possibly for the full amount you were originally taxed on your winnings. This casino tax refund process can be a long and time consuming adventure to handle all on your own. The tax policies in the United States are difficult enough to understand when you are a qualified tax preparation specialist, it can be impossible to figure out if you have never dealt with this type of procedure before.

There are basically two ways to file for a gambling tax refund, you can call the IRS and request the necessary tax forms to file your claim and complete them yourself, or you can locate and hire someone who is better equipped at handling the procedures of filing for a refund on your behalf. Nobody likes having to pay the 30% casino tax; however we all face the same regulations regarding monies won through gambling regardless of nationality or country of origin.

You can find downloadable versions of the tax forms that are necessary from the IRS website itself, or contact the number the casino provides you and request the forms and instruction booklets to be sent to you. Keep in mind that the casino tax isn’t directed at any particular ethnicity, anyone gambling in a casino on US soil is subject to the same policy. It is important to note that a gambling tax refund isn’t guaranteed, they are only available to residents of countries with an established and up to date tax treaty.

Need help determining if you qualify for a gambling tax refund http://www.casinotaxrebate.com ? The first step to figuring out if you can file a claim for a refund of a casino tax http://www.casinotaxrebate.com you were assessed involves finding out if your country has a tax treaty with the United States that is current and in effect,