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Can you summarize 15 AKAC 160.780?

Accounting and Recordkeeping > Advertising expenses.

Short Summary

The total amount of advertising expenses for a gaming activity permitted under AS 05.15 may not exceed five percent of the permittee’s adjusted gross income from gaming activities. (1) repealed 11/10/96; (2) repealed 11/10/96. Statutory Authority Authority: AS 05.15.060 AS 05.15.128 AS 05.15.160 (Eff. 7/30/94, Register 131; am 11/10/96, Register 140)

Jurisdiction

Alaska

Source
15 AKAC 160.780 [https://reggi.cloud.regology.com/regulations/US-AKAC/US-AKAC_T_15_C_160_SC_8_S_780]