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Tax Loophole

1 story First covered: Jul 17, 2026 Latest: 2 hours ago

Jul 17, 2026 · 10:09 LATEST

World

Kalshi's World Cup Windfall: A Tax Loophole in the Spotlight

Kalshi, a popular platform for World Cup bets, has been accused of avoiding billions in taxes by claiming it's not a sportsbook.