The TTIP is aiming for a formal agreement that would “liberalize one-third of world trade” and, according to supporters, create millions of new paid jobs.  “Given that tariffs between the United States and the European Union are already low, the London-based Centre for Economic Policy Research estimates that 80% of the potential economic benefits of the TTIP agreement depend on reducing the double conflicts between EU and US rules on these and other regulatory issues, ranging from food safety to cars.”  A successful strategy (according to Thomas Bollyky of the Council on Foreign Relations and Anu Bradford of Columbia Law School) will focus on areas of activity where transatlantic trade laws and local regulations can often overlap, among other things. B pharmaceutical, agricultural and financial exchanges.  This ensures that the United States and Europe remain “standard producers and not standard takers” in the global economy, and will then ensure that producers around the world continue to tend to adopt common standards between the United States and the EU.  Gaming industry employees who receive advice have the option of participating in the IRS Gaming Industry Compliance Program (GITCA). The IRS promotes GITCA as a partnership between the gaming industry and the IRS to promote tax compliance for inclined employees. Gitca sets an average tip rate for inclined employees in certain professional categories: bartenders, valets, distributors and cocktail waiters. Participating staff will be discharged at the end of the year if they manually record their advice and report these incomes from their tax returns. Instead, the employer`s salary accounting multiplies the number of hours worked by a worker by the prevailing tip rate, in order to arrive at a taxable tip, which is then declared on the worker`s W-2 form. In addition, GITCA staff members receive a “free pass,” with the IRS pledging not to conduct benchmark audits.
GITCA is originally from Las Vegas and has expanded to casinos in the United States. A project in the sustainable development section of TTIP was sent to the Guardian in October 2015.