Wednesday, May 29, 2013

[vpFREE] Re: LVRJ: Nevada casinos, Tax Commission reach deal on comped meals

--- In vpFREE@yahoogroups.com, Tom Robertson <007@...> wrote:
>
> If comped meals have never been taxed, why might a refund be owed?
> Have casinos been paying taxes on them? My bills on comped meals have
> always excluded tax.
>
Casinos have already paid 350 million in taxes on comped meals. The State was afraid of a court ruling that the tax is unconstitutional and the 350 million would have to be paid back. They were looking for a way to settle with the casinos by no longer taxing comped meals but not having to pay back the 350 million, which would put them in a budget bind.



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