Arkansas Statutes
§ 23-116-104 — Tax on paid fantasy sports games
Arkansas·Title 23
(a)A game operator shall pay a tax for the privilege of conducting paid fantasy sports games under this chapter in an amount of eight percent (8%) of the game operator's gross paid fantasy sports game revenues from the previous state fiscal year.
(b)The special privilege tax levied in subsection (a) of this section shall be:
(1)Reported and remitted to the Department of Finance and Administration on a quarterly basis through the Arkansas Taxpayer Access Point or its successor on forms prescribed by the Secretary of the Department of Finance and Administration; and (2) Subject to the Arkansas Tax Procedure Act, § 26-18-101 et seq.
(c)The secretary shall promulgate rules to administer the tax levied under this section.
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Legislative History
Amended by Act 2019, No. 910,§ 3550, eff. 7/1/2019. Amended by Act 2019, No. 910,§ 3549, eff. 7/1/2019. Added by Act 2017, No. 1075,§ 2, eff. 8/1/2017.
Nearby Sections
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§ 23-1-101
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Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
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