W. Va. Code R. § 179-4-144

Current through Register Vol. XLI, No. 36, September 6, 2024

Section 179-4-144 - Deposits of Wagering Tax; Weekly Tax Return

144.1. The limited gaming facility licensee shall maintain a separate depository account for receipt and disbursement of adjusted gross receipts. The limited gaming facility licensee shall provide to the Commission weekly and other periodic reconciliations of funds deposited into this account and disbursements made from this account including the weekly transfer from the limited gaming facility licensee to the commission.

144.2. Each Wednesday, the limited gaming facility licensee shall, by electronic funds transfer, pay the privilege tax contained in the corresponding tax return emailed to the Commission as required by subsection three of this section.

144.3. Each Wednesday, the limited gaming facility licensee shall submit electronically to the Commission a privilege tax return for the adjusted gross receipts from authorized games of chance and video lottery covering the previous calendar (Sunday through Saturday) week. The limited gaming facility shall complete the Commission's prescribed electronic format and shall email the return to casinotaxreturn@wvlottery.com. As technology changes and improves, the Commission may by interpretive rule specify another means of reporting.

W. Va. Code R. § 179-4-144