Mass. Gen. Laws ch. 23K § 55

Current through Chapter 89 of the 2024 Legislative Session
Section 23K:55 - Taxes for licensees
(a) A category 1 licensee shall pay a daily tax of 25 per cent on gross gaming revenues.
(b) A category 2 licensee shall pay a daily tax of 40 per cent on gross gaming revenue.
(c) In addition to the tax imposed under subsection (b), a category 2 licensee shall pay a daily assessment of 9 per cent of its gross gaming revenue to the Race Horse Development Fund established in section 60.
(d) Taxes imposed under this section shall be remitted to the commission by a gaming licensee the day following each day of wagering.

Mass. Gen. Laws ch. 23K, § 55

Added by Acts 2011, c. 194,§ 16, eff. 2/20/2012.