Ask Reggi Your Question Now
Can you summarize 4 PACS 13B52?
TAXES AND FEES > Interactive gaming tax.
Short Summary
This legal document pertains to the imposition of taxes on interactive gaming in Pennsylvania. It applies to interactive gaming certificate holders that conduct interactive gaming. The tax rates vary based on the type of interactive game, with a tax of 14% on daily gross interactive gaming revenue from peer-to-peer interactive games, 14% on daily gross interactive gaming revenue from non-peer-to-peer interactive games simulating table games, and 52% on daily gross interactive gaming revenue from non-peer-to-peer interactive games simulating slot machines. The taxes are payable on a weekly basis and are deposited into the General Fund or distributed to the Property Tax Relief Fund, a restricted receipt account, and a restricted receipts account for grants. The document also addresses taxes on out-of-state wagering and the deposit of funds. Specific penalties for non-compliance or violation of the document’s provisions are not mentioned.
Whom does it apply to?
Interactive gaming certificate holders that conduct interactive gaming
What does it govern?
Interactive gaming tax
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Not specified.
Jurisdiction
Pennsylvania