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Can you summarize AKST 43.35?
Revenue and Taxation. > Gaming and Gambling on Passenger Vessels.
Short Summary
The provided legal document content pertains to the regulation of gaming and gambling activities on passenger vessels in Alaska’s marine water. Operators of gaming or gambling activities aboard large passenger vessels in the state are subject to a tax of 33 percent of the adjusted gross income from those activities. The tax is collected and payable to the Department of Revenue. The term ‘adjusted gross income’ refers to gross income minus prizes awarded and federal and municipal taxes paid or owed on the income. The use of playing cards, dice, roulette wheels, coin-operated instruments or machines, or other objects or instruments used for gaming or gambling on large passenger vessels in the state falls under the jurisdiction of Alaska statutes AS 43.35.200 - 43.35.220. These statutes also apply to any other gambling activities taking place aboard large passenger vessels in the state. No specific exemptions or penalties are mentioned in the provided legal document content.
Whom does it apply to?
Operators of gaming or gambling activities aboard large passenger vessels in the state
What does it govern?
Gaming and gambling activities aboard large passenger vessels in the state's marine water
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
The operator of gaming or gambling activities aboard large passenger vessels in the state is subject to a tax of 33 percent of the adjusted gross income from those activities.
Jurisdiction
Alaska