Arkansas § 23-116-104 Tax on paid fantasy sports games

Arkansas Statutes

§ 23-116-104 — Tax on paid fantasy sports games

Arkansas § 23-116-104

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This text of Arkansas § 23-116-104 (Tax on paid fantasy sports games) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 23-116-104 (2026).

Text

(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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(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.

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.