That was the same guidance I had been reviewing that prompted my question, so that's certainly good news that I was in the right place at least!
As to the annually updated statement, do you mean an actual financial statement, or a generic statement gross revenues from ineligible activities must constitute 50% or less that the customer just signs saying "yes, that is a true statement, my business does not do that."?
We're absolutely trying to avoid asking for financials, because we understand that it's a hassle to the customer, may lose relationships, etc. however I'm just interested in how others are forming their "reasonable determination" on businesses such as liquor stores or gas stations that sell lottery or something similar to that.
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