News & Analysis as of

Gambling Tax Rates

Orrick, Herrington & Sutcliffe LLP

Gaming & Gambling Update - Week of June 17, 2024

Recent Developments: Michigan Targets Bovada, Illegal Online Gambling New York Passes Bill on Downstate Casino Licensing Swedish Study Asserts Link Between Tax Rate and Problem Gambling Michigan Targets Bovada, Illegal Online...more

Foodman CPAs & Advisors

Payers and Payees have Obligations to Comply with Backup Withholding

Foodman CPAs & Advisors on

Backup Withholding requires a payer to “withhold tax” from payments that are not otherwise subject to withholding.  A Taxpayer (payee) may be subject to Backup Withholding if it...more

Schwabe, Williamson & Wyatt PC

Summary of Tax Cuts and Jobs Act

The Tax Cuts and Jobs Act of 2017 (the “Act”) was signed into law by President Donald Trump on December 22, 2017. The Act changes many provisions of the Internal Revenue Code, from individual and business provisions, to...more

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