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What is NOT a Business Expense? • i A. en. , yi netxepnedneddi ttuorde rtihv ae tpdaot reos nn ’at gceo on fs tt iht eu tgea amlienggi tai mc t ai vt iet ibeus s i n e s s p u r p o s e , • Ui nnddi veirdIuGaRl An oatneynpt iatyl emdetnot tohfegpr aoys smoernnt ef ot rg aa ml eignigt i mr eavteenbuue stion easns p u r p o s e outside of a RAP • Purchases of goods and/or services in excess of fair market value • Rb ue ms i ni tet sasn ceex poef ngsreo sbsugt af omri ns ug crhe vpeenr us oens ’ tsoptehrisrodnpaal rut si ees d i s g u i s e d a s a • Complimentary items given to persons other than gaming patrons
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A Word on Complimentary Items • Cp uo mr ppolsi me seonft “afruyr ittheemr isnagrtehae pbeursmi niessssi bol ef tbhuesgi na emsisnegxepnetnesrep, rbi suet.”o n l y f o r • Femrepelcooyneeceirstntoictkaetpsagtrivoenn. tCooemmpplilmoyeenetsarairees naoret cfoormplimentary items because an PATRONS for purposes of inducing wagering at the casino • T(e exwmpoepnf l roseeye, e bce ous nta csr ehe ront uot l itdc pkaael wtt rs aogyni svs e)b, neb tauoct ct“hoe eumneptmel odpyl feooeyr ei pne rcooefpntethirvel eyms ” oanrteh ai sl engoi tt i amcaot me bp ul i smi neenst sa r y • Free concert tickets given to tribal officials??? • Does the presence of tribal officials serve a legitimate business purpose? • If yes, then it’s not a gaming comp, but it is a business expense • If no, then its not a legitimate business expense, and is not permissible
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