Las Vegas March Madness Stats 😎- USA Stats Too.🌎🇺🇸a. Huge Tax Loophole Discovered!

As the Review-Journal reported last spring, at least $27.5 billion worth of transactions in the Las Vegas area — comprising roughly two dozen sales involving hotel-casinos, malls and other properties mostly on or near the Strip — had closed since 2007 without any publicly reported real estate transfer taxes.

Yeager said Tuesday he wasn’t aware of the issue until the Review-Journal reported on it, adding the coverage got him interested in the revenue at stake.

But he said he views the deal structure as a “tax loophole” that “typically benefits the wealthiest and largest corporations.”

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