Casino environment

Prior to the recent crisis, commercial casinos earned at least $ 30 billion a year between 2005 and 2008. 1 During this time, U.S. casino owners built new facilities and expanded existing facilities. As a result of the crisis, the construction of new U.S. commercial casinos has declined, and casino operators are focusing on reducing the cost of existing facilities.

Tax Regulations

Casino operators are taking advantage of the energy-saving tax rules of Epact IRC 179 (D) commercial buildings, which have been extended until 2013. . Air conditioning) and building converter. (The exterior of the building consists of the foundation, walls, roofs, windows and doors of the building, all of which control the flow of energy from inside and outside the building.)

The nature of the casino property

Commercial casinos often include hotel resorts that offer attractive service packages to business and family customers. Casinos are more suitable for Epact because of the large playground, hotel room, conference room and underground parking. Each of these features typically uses a large square foot, and Epact’s benefits can be as high as 60 cents per square foot for the above three dimensions. Some of the smallest commercial casinos are around 50,000 square meters, but most U.S.바카라사이트 usually have more than 100,000 square meters. The largest, the Las Vegas strip MGM Grand is about 2 million square feet. The hotel itself is the most popular in the construction category in Section 179.

Under Section 179D, the basic rules for tax exemption make casinos

Especially casino hotels, the most active asset category for tax benefits. It requires at least 25% reduction in wattage for a set of rules. Square feet 2001 ASHRAE (American Society of Heating and Cooling Engineers) sets energy code standards. With a 40% reduction per watt, the full tax is deducted. Square feet compared to the ASHRAE 2001 standard. ASHRAE 2004 hotel / motel building standards require a 40 percent reduction in capacity. This means that any hotel or motel lighting that meets the requirements of the Building Standards Act will automatically have Epact tax benefits.

Business room

In most other construction categories, the D 179D tax policy requires two levels of switching requirements. Comparisons are always based on wired lighting, not plug-in lighting. Casino hotel rooms often have a huge advantage of plug-in lighting. In addition, these rooms operate as hotel and motel rooms, and are explicitly excluded from the requirements of the two levels of tax change. Sponsor rooms are usually one of the largest in hotel casinos, so casino facilities can use energy-efficient lighting to significantly reduce Epact tax on facilities.

A space behind the house

Casinos often have large kitchens, barn and laundry rooms (called backyards) that use T-12 fluorescent lights. This lighting saves less energy than current lighting products and makes it illegal to produce in the United States after July 1, 2010. 4 The cost of replacing these inefficient lamps will increase after the production of lighting products of previous generations is over. In short, casinos need to take action now to replace these lamps with energy and cost savings to replace lamps. Epact lighting tax benefits can be used to address this product change.