Award Date

12-2010

Degree Type

Professional Paper

Degree Name

Master of Science in Hotel Administration

Department

Hotel Administration

Number of Pages

38

Abstract

It has been said that the only sure things in life are death and taxes, and while this is most certainly true of the former, the later will require mastery of the tax code and ensuing cases before you will have a complete picture. The tax code, which started out as a 400 page document is now some 3,387 pages long with a voluminous amount of tax court cases to interpret the code, and many issuances by the Internal Revenue Service to provide further clarification of the code. Somewhere intertwined in the tax code and the ensuing court cases is an explanation of how gambling winnings and losses are taxed by the federal government. This paper will explore the topic and bring clarity to those interested in understanding how gambling winnings or losses are treated by the US tax code.

Keywords

Gambling — Taxation; United States

Disciplines

Gaming and Casino Operations Management | Hospitality Administration and Management | Taxation

File Format

pdf

Degree Grantor

University of Nevada, Las Vegas

Language

English

Comments

Incomplete paper data.

Rights

IN COPYRIGHT. For more information about this rights statement, please visit http://rightsstatements.org/vocab/InC/1.0/


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