Casino Tax Rebate offers Gambling Tax Recovery Services for Canadians

Thunder Bay,Ontario,Canada - February 8, 2007. Casino Tax Rebate a Canadian Company is offering Canadians a new service that specializes in U.S. Gambling Tax Recovery Services.

According to Cameron McDougall of Casino Tax Rebate "the IRS requires that casinos and other gaming establishments withhold 30% of the gambling winnings of International visitors. However, due to the U.S.A. Canada Tax Treaty, Canadians can offset wagering losses against the wagering winnings reported on form 1042-S. and get some or all of the withholding tax back." If you are Canadian, Casino Tax Rebate can help you recover this tax.

Casino Tax Rebate recovers the gambling tax on winnings using a two part process. First they obtain a U.S. Individual Taxpayer Identification Number for their client. The process for this usually takes six to eight weeks. Then a U.S. tax return is filed to recover the tax on the basis of the Canada U.S.A. tax treaty. The whole process can take three to four months.Using an IRS approved Certifying Acceptance Agent like Casino Tax Rebate simplifies the process and is highly recommended.

Casino Tax Rebate is a member of the Better Business Bureau and an IRS authorized Certifying Acceptance Agent, providing U.S.A. Individual Taxpayer Identification Number certifications and U.S. Gambling Tax Recovery Services.