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''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. == Background == Accrual method taxpayers report income when earned and claim deductions when expenses are owed.〔See Donaldson, Samuel A., Federal Income Taxation of Individuals: Cases, Problems and Materials, 381 (2nd. Ed. 2007).〕 Accrual method taxpayers may claim deductions in the taxable year in which #all the events have occurred that establish the liability, #the amount of the liability can be determined with reasonable accuracy, and #economic performance has occurred with respect to the liability.〔Treas. Reg. § 1.461-1(a)(2)(i).〕 ''Gold Coast Hotel'' is an example of a court applying the “all events” and “reasonable accuracy” prongs to determine whether a contingent liability is a deductible business expense. For a general comparison of accrual method to the cash method, the other major process used to determine when a taxpayer has income, see Cash Method v. Accrual Method. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Gold Coast Hotel & Casino v. United States」の詳細全文を読む スポンサード リンク
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