Abstract In Tschetschot v. Commissioner‚ 93 TCM 914 (2007)‚ the tax court ruled that taxpayer’s losses from participating in tournament poker were limited to the amount of her winnings. The court held that tournament poker is‚ despite its differences from other types of poker‚ essentially a wagering activity and therefore should not be treated differently from other forms of gambling for tax purposes. The court also rejected the taxpayer’s equal protection argument to treat tournament poker as sports
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circulation is the key to healthy hair since ginger for hair loss activates nutrients circulating the body to reach the hair follicles. Twenty years ago people were wrongly being advised to stand on their head so that a topsy-turvy stance would raise the blood flow to the scalp. However‚ the fact is far from those ‘blurred’ beliefs and if you try it‚ you will be under a serious headache.However‚you should try the natural ginger for hair loss. Recent studies show that almost 94% of the world’s population
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reservation land filed an otherwise insignificant tax dispute over the status of their mobile home. Little did they know that this case would spark the beginning of a multi-billion dollar industry built on slot machines and card games. Gambling thrives on many Native American reservations. The impact of gambling reaches beyond reservation borders‚ providing jobs to the general public as well as income to Native American tribes. The early history of gambling on Native American reservations starts with
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LAW INTERNAL ASSIGNMENT – II Case Analysis: R.S. Joshi‚ STO‚ Gujarat & Ors. Vs. Ajit Mills Ltd & Anr. Citation: AIR1977SC2279 Prof-in-charge: Prof Ashutosh Naik By- Swathi. A.P III BBA LLB ‘A’ Roll No. 23 Symbiosis Law School Ph: 7798627663 Name of the case: R.S. Joshi‚ STO‚ Gujarat & Ors. Vs. Ajit Mills Ltd & Anr. Citation: AIR 1977 SC 2279: (1977) 4 SCC 98: 1977 SCC (Tax) 536 Decided On: 31.08.1977 Bench:
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Tax case: Taxes and Growth 3‚ The average growth rate of U.S. economy over time is 3.4% The trend is slightly downward. 7‚ the correlation of political party of the president and GDP growth is -0.277811979‚ which indicates a strong relation. The correlation of Top individual marginal tax rate and GDP growth is 0.218935712‚ which indicates a strong relation as well. 8‚ what I am surprised is that the top individual marginal tax rate does have a strong relation with GDP growth. Before
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Tax Treatment of Private Jet Expenses Facts: Alex Jones is a computer engineer‚ Aubrey‚ his wife‚ is an attorney. Alex is an independent contractor at ABC‚ Inc. Jones owns a Christmas tree farm as sole proprietorship in Oregon and they report the farm on their joint federal income tax return. Apart from the home in Phoenix‚ AZ‚ Jones has the other home in Honolulu‚ Hawaii‚ and cost $2 million to rebuilt it. They lease the home to operate the house as B&B. Apart from that‚ they also own a
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TAX TREATMENT OF PRIVATE JET EXPENSES Facts: Alex Jones owns a small software company‚ Find Donuts‚ Inc in Michigan. A patent on a smartphone application named Find Donuts which is designed to locate donuts shops‚ is the only asset of Find Donuts‚ Inc. With the intention of promoting the sales of the Find Donuts smartphone app and increasing company revenue‚ Alex Jones attended a computer conference in June 2010‚ in San Francisco. Alex also owns a Christmas tree farm in Oregon. Primary purpose
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Why Gambling Should be Illegal By amerten‚ Hopedale‚ MA More by this author Email me when amerten contributes work Image Credit: Andy G.‚ Phoenix‚ AZ Did you know that 40% of all problem gamblers started gambling before they were seventeen? Or that problem gambling causes the most suicides out of all the recognized addictions? Even with these facts‚ the most startling truth is that not one federal dollar‚ out of the billions collected in gambling taxes‚ has been spent to treat or help
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What is Gambling Addiction? While it may appear that addictions are solely pleasure-seeking behaviors‚ the roots of addiction can also be traced to a wish to suppress or avoid some kind of emotional pain. In the broadest sense‚ addictive or pathological gambling is gambling behavior which causes disruptions in any major area of life: psychological‚ physical‚ social or vocational. Addictive gambling is sometimes referred to as the "hidden illness‚" because there are no visible physical symptoms
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explored the relationship between gambling and health status. Both compulsive and pathological gambling are disorders related to obsession-compulsive disorder. The data supports the notion that gambling does affect with non-gambling health problems. The purpose of this article is to provide the information between gambling behaviors and substance use disorders‚ health associations‚ screening and treatment options for problem and pathological gambling. Pathological gambling is an addictive and stress proposing
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