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Yes, the Nobel Peace Prize is considered taxable income in the United States and other countries, subject to income tax laws. Recipients may be required to report the prize money as income and pay applicable taxes on it.

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1y ago

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How much money do you get for winning the Nobel Prize?

Nobel Peace Prize WinnerA large monetary award is included with the Nobel Prizes, along with a Diploma.Oh yeah... there's also the gratuitous praise and prestige.Currently about 10 million Swedish Kronor (slightly more than one million Euros or US dollars is awarded to the winner).Nobel peace prize winners and recent cash awards:In 2009 Barack Obama was awarded 1.4 million dollarsIn 2007 the cash award was 1.5 million dollars.In 2005 Mohamed El Bareidi received 1.3 million dollarsCheck the link below from NobelPrize.org for the full list of winners and prizes:


How long do you have to pay taxes on prize winning?

The taxes on prizes must be paid at the time you pay income tax for the year in which the prizes were awarded. If you have cash winnings, money is typically withheld from your winnings for taxes.


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Some taxes hat are paid in the U.S is: taxes for laws, for money, and some paid for child care


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taxes are paid.


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Federal state taxes are taxes to be paid to the federal government on owned property. Theses taxes are to be paid once a year.


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the government are paid with our taxes


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Some men paid their taxes by serving in the military. And some women paid their taxes by weaving cloth for their emperor.


What are the taxes paid in order to vote?

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Who is first Nobel prize winner from India?

Many Indians won the nobel prize they are Rabindranath Tagore(Nobel Prize for Literature),Chandrashekar Venkata Raman(Nobel Prize in Physics),Hargobind Khorana(The Nobel Prize for Medicine),Mother Teresa(The Nobel Peace Prize),Subramanian Chandrashekar(The Nobel Prize for Physics),Amartya Sen(Nobel Prize for Economics) and Venkatraman Ramakrishnan Nobel Prize in Chemistry along with Thomas A. Steitz and Ada Yonath