Section 23-116-104 - Tax on paid fantasy sports games(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. 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.