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AGA outlines concerns against IRS proposal to lower tax threshold

3rd June 2015 8:21 am GMT

The American Gaming Association (AGA) has submitted formal comments to the US Internal Revenue Service (IRS) on behalf of the gaming industry, in respect of the tax agency’s proposed changes to tax information reporting of customer winnings from casino slot machines.

The IRS first published its proposed regulations in March earlier this year. Since then, more than 13,000 stakeholders have expressed their concerns over proposals to lower the threshold for reporting slot winnings from $1,200 to [...]

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