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Can you summarize 75 MSCO Chapter 76?
Regulation of Trade, Commerce and Investments > Mississippi Gaming Control Act
Short Summary
The legal document content reviewed covers various aspects related to fees and licenses in the context of gaming operations in Mississippi. It explains that license fees paid under Section 75-76-177 can be claimed as a credit against the income tax liability of the licensee. The document also outlines the application and annual license fees for conducting gaming aboard a vessel or cruise vessel. It further discusses the transfer of gaming licenses and the treatment of prepaid license fees in specific situations. The document mentions the imposition of additional license fees based on the number of games operated and provides the fee structure for different scenarios. It also specifies the deductions allowed in calculating gross revenue from gambling games and slot machines. Additionally, the document addresses the distribution of fees collected under the Mississippi Gaming Control Act, based on the location of the licensees. It mentions the distribution of fees to municipal corporations, counties, and related legislation authorizing the Department of Revenue to distribute local government fees. No specific penalties for non-compliance or violation of the provisions are mentioned in the document. Overall, the legal document content provides information on fees, licenses, and related provisions in the Mississippi Gaming Control Act, applicable to licensees, applicants, taxpayers, and regulatory bodies involved in gaming operations.
Whom does it apply to?
The legal document content provides information on fees, licenses, and related provisions in the Mississippi Gaming Control Act, applicable to licensees, applicants, taxpayers, and regulatory bodies involved in gaming operations.
What does it govern?
The legal document content reviewed covers various aspects related to fees and licenses in the context of gaming operations in Mississippi.
What are exemptions?
No specific exemptions or penalties are mentioned in the document.
What are the Penalties?
No specific penalties for non-compliance or violation of the provisions are mentioned in the document.
Jurisdiction
Mississippi