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Can you summarize MNST Chapter 297E?
EXCISE AND SALES TAXES > GAMBLING TAXES
Short Summary
The provided legal document content covers various aspects of gambling taxes in Minnesota. It includes definitions of terms related to gambling taxes and linked bingo games. The documents also outline reporting and record-keeping requirements for manufacturers, distributors, and organizations conducting gambling activity. The commissioner has inspection powers to ensure compliance with the provisions. The documents also specify time limitations for tax assessment and provide guidelines for the calculation and imposition of interest. Civil and criminal penalties are imposed for non-compliance with tax-related obligations. Additionally, the documents address the seizure and forfeiture of contraband related to gambling taxes and establish security requirements for distributors. Overall, these documents apply to a wide range of entities involved in gambling activities in Minnesota and provide the framework for taxation, reporting, record-keeping, and enforcement in this domain.
Whom does it apply to?
Persons subject to or liable for a tax imposed by this chapter, persons required to file reports or returns with the commissioner under this chapter, persons required to keep or retain records under this chapter, persons required by this chapter to obtain or hold a permit, commissioner of management and budget, commissioner, city of St. Paul, manufacturers who sell gambling products for use or resale in Minnesota, distributors of gambling products in Minnesota, organizations conducting gambling activity
What does it govern?
Gambling taxes, special allocation of revenues, sports bookmaking taxes, reporting requirements for manufacturers, reporting requirements for distributors, reporting and record-keeping requirements for organizations conducting gambling activity, inspection powers of the commissioner, time limitations for tax assessment, civil penalties for tax-related offenses, tax-related criminal penalties, calculation and imposition of interest, seizure and forfeiture of contraband, security requirements for distributors
What are exemptions?
No specific exemptions are mentioned in these documents.
What are the Penalties?
Violation of disclosure of facts contained in a sports bookmaking tax return is considered a gross misdemeanor. Altering the bar code on the box containing pull-tab and tipboard games is considered a violation and a misdemeanor offense. Violation of the requirement to imprint bar codes on paddle ticket cards is considered a misdemeanor offense. Violation of the reporting and record-keeping requirements for organizations conducting gambling activity is subject to penalties. Violation of the inspection powers of the commissioner may result in revocation of permits or licenses. Various civil penalties are imposed for tax-related offenses, ranging from five percent penalties for failure to pay or file returns to felony charges for willful attempts to evade taxes. Criminal penalties are imposed for various tax-related offenses, ranging from misdemeanors to gross misdemeanors and felonies. Non-compliance with payment obligations may result in the imposition of interest on unpaid taxes, additional taxes, and penalties.
Jurisdiction
Minnesota