Need to Know Now: IRS Update | August 1, 2015https://gallery.mailchimp.com/03373c05c46b5e9a6eb445537/files/AGA_Supplemental_Letter_to_IRS_FINAL_07312015.pdf
This is the letter AGA sent to the IRS – will be interesting to see how all this turns out.
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Jean $¢ott, Frugal Gambler
http://queenofcomps.com/
http://jscott.lvablog.com/
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From: Sara Rayme, senior vice president, public affairs
Sent: Saturday, August 01, 2015 9:41 AM
To: queenofcomps@cox.net
Subject: Need to Know Now: IRS Update | August 1, 2015
The AGA continues its recurring communications with you to provide updates on the impact that an IRS notice with proposed regulations could have on our consumers and our business, as well as access to tools and information that will empower you to actively participate in these ongoing discussions. Please find update below.
As always, if you'd prefer not to receive this email, simply contact us to opt-out.
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The AGA has remained active behind the scenes since providing testimony at the IRS' June 17 public hearing on the proposed mandatory regulations impacting tax reporting information for casino slot machine play (and keno/bingo).
As a result of our ongoing productive dialogue with the IRS and Treasury, AGA was asked to provide additional information on several technical questions to help these officials better analyze the points our industry has made to date.
Therefore, in collaboration with AGA's member-led task force of industry experts, yesterday AGA submitted a supplemental letter to IRS to further bolster AGA's written comments and hearing testimony provided in June.
At this point, we understand that in the coming month, Treasury officials may reconvene internally to discuss the pending mandatory regulations and its potential next steps. AGA's supplemental information is timely and we hope it will provide IRS with greater clarity on our concerns, while continuing to foster our industry's collaborative working spirit to forge a more reasonable solution for the gaming industry, the taxpayer and IRS.
Thank you for your continued engagement, expertise and support of this important effort.
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Posted by: "Queen of Comps" <queenofcomps@cox.net>
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