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Gold Coast Hotel & Casino v. United States

Index Gold Coast Hotel & Casino v. United States

Gold Coast Hotel & Casino v. United States, 158 F.3d 484 (9th Cir. 1998) was a court case that addressed whether a casino, using the accrual method of accounting, could deduct the value of slot club points earned by slot club members in the tax year in which the members accumulated the minimum points required to redeem a prize, or whether the casino had to wait to deduct the value of the slot club points until the members actually redeemed them. [1]

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References

[1] https://en.wikipedia.org/wiki/Gold_Coast_Hotel_%26_Casino_v._United_States

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