This has to be the last one or I'm in trouble.
The Binion's closing agreement as I said in an earlier post was a contract between Binions and the government. It is NOT binding for another taxpayer - HOWEVER - It is my opinion the government would be hard pressed not to allow any taxpayer (casino) to follow it if they so wished. A taxpayer could "cry" competitive disadvantage if they were not allowed to follow it.

If you follow it then follow it! You can not pick and choose what provisions you like and follow those but ignore the provisions you don't like. You can not follow it one year, skip the next year, and then decide to follow it again.

I'm afraid you would lose that arguement. Satellites were exempt from W2-G issuance ONLY if they were held on Binion's premises. Apparently I did not make that point clear.

Bye, Jim