U.S. Tax Refunds for International Gamblers
Patrick W. Martin, Esq. · International Tax · Chamberlain Hrdlicka
International Tax Shareholder
Patrick W. Martin, Esq. · International Tax · Chamberlain Hrdlicka
International Tax Shareholder
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There has been considerable commentary—and a fair amount of alarm—about a provision in the One Big Beautiful Bill Act (“OBBBA”) that caps gambling-loss deductions at 90% of winnings, starting with the 2026 tax year. Forbes has covered it. Kiplinger has covered it. Members of Congress have introduced no fewer than three separate bills to undo […]