Arkansas Statutes
§ 26-51-1309 — Gaming winnings tax - Withholding and remittance
Arkansas·Title 26
(a)There is levied, assessed, and collected a gaming winnings tax of three percent (3%) on any single payment of winnings from electronic games of skill of one thousand two hundred dollars ($1,200) or more paid on a single electronic game of skill wager.
(b)The holder of a franchise to conduct electronic games of skill shall:
(1)Deduct and withhold the tax from winnings from electronic games of skill upon which the tax is levied by subsection (a) of this section; and (2) Remit the tax to the Secretary of the Department of Finance and Administration as provided in § 26-51-1310 and as prescribed by rules promulgated by the secretary.
Free access — add to your briefcase to read the full text and ask questions with AI
Arkansas § 26-51-1309 (Gaming winnings tax - Withholding and remittance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Act 2019, No. 910,§ 3781, eff. 7/1/2019. Acts 2007, No. 732, § 7.
Nearby Sections
15
§ 26-1-101
Definitions§ 26-17-201
Authority to employ§ 26-17-202
Attorneys§ 26-17-203
Field auditors§ 26-17-204
Bond§ 26-17-301
Performance required§ 26-17-302
Motor vehicle license fees§ 26-17-303
Petroleum products§ 26-17-304
Suits and other proceedings§ 26-17-401
Penalty§ 26-17-402
Authority to enter agreements§ 26-17-403
Powers and duties - Definition§ 26-17-404
Violations§ 26-17-501
Penalty§ 26-17-502
Duty to remit revenues