S1597 - Internet Skill Game Regulation
Text of the bill:
Looks reasonable to me. I'm interested in hearing from RD (or any other legal professional) about the taxation section beginning on page 70. Particularly in the section on players' tax returns there's a requirement that the sites provide a net winnings line item.(p.77 ll 15-25)
Does this look like it might allow a workaround or an exception to the standard reporting of wins as *other income* and losses as an itemized deduction?
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