TaxProf Blog

Editor: Paul L. Caron
Pepperdine University School of Law

A Member of the Law Professor Blogs Network

Thursday, February 21, 2013

Camp Presents The Taxation of Electronic Gaming Today at Indiana

CampBryan Camp (Texas Tech) presents The Play’s the Thing II: The Taxation of Electronic Gaming at Indiana today as part of its Tax Policy Colloquium hosted by Leandra Lederman:

This article proceeds as follows. Part I describes the world of electronic gaming, which encompasses not only casual gaming on the internet but also electronic gaming in casinos. Part II reviews the foundational concept of “gross income” to show how current legal doctrine is influenced by both economic theory and the need for practical accounting. Part III looks at the unsettled nature of current tax treatment of redeemable game credits and critiques the current thinking expressed by the IRS, courts and commentators. Part IV then defends the idea that gains received from electronic gaming should properly be accounted for and taxed only when actually redeemed for cash or cash-equivalent.

http://taxprof.typepad.com/taxprof_blog/2013/02/camp-presents.html

Scholarship, Tax | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341c4eab53ef017d41325506970c

Listed below are links to weblogs that reference Camp Presents The Taxation of Electronic Gaming Today at Indiana:

Comments