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Can you summarize WAAC 458-20-131?
Excise tax rules. > Gambling activities.
Short Summary
This document outlines the reporting requirements for persons operating contests of chance and amusement games in Washington state. It applies to individuals or entities involved in activities such as pull-tab and punch board games, card games, bingo games, raffles, and amusement games like dart-toss games, ball-throw or ball-roll games, and crane games. Nonprofit organizations conducting fund-raising activities may be eligible for tax exemptions. The document also highlights the role of the Washington state gambling commission in regulating these activities and provides references to relevant laws and contacts for licensing and reporting responsibilities. It further explains the tax classifications based on gross income for contests of chance and parimutuel wagering, as well as the taxability of income derived from amusement games. Additionally, it mentions the tax obligations related to sales of foods, beverages, and merchandise prizes in these activities.
Whom does it apply to?
Persons operating contests of chance such as pull-tab and punch board games, card games, bingo games, raffles, and amusement games such as dart-toss games, ball-throw or ball-roll games, and crane games
What does it govern?
Business and occupation (B&O), retail sales, and use tax reporting requirements for persons operating contests of chance and amusement games
What are exemptions?
Nonprofit organizations conducting activities for fund-raising purposes may be eligible for B&O, retail sales, or use tax exemptions
What are the Penalties?
No specific penalties are mentioned in the document
Jurisdiction
Washington