99E.6 Internet fantasy sports contest tax — rate — allocation.
1. A tax is imposed on internet fantasy sports contest adjusted revenues received each fiscal year by an internet fantasy sports contest service provider from internet fantasy sports contests authorized under this chapter at the rate of six and three-quarters percent.
2. The taxes imposed by this section for internet fantasy sports contests authorized under this chapter shall be paid by the internet fantasy sports contest service provider to the treasurer of state as determined by the commission and shall be credited as provided in section 8.57, subsection 6.
2019 Acts, ch 132, §31, 45, 46
Referred to in §99E.5
Structure Iowa Code
Title III - PUBLIC SERVICES AND REGULATION
Chapter 99E - INTERNET FANTASY SPORTS CONTESTS
Section 99E.2 - Internet fantasy sports contests authorized.
Section 99E.3 - Commission — powers.
Section 99E.4 - Requirements of applicant — fee.
Section 99E.5 - Licenses — fees — terms and conditions — revocation.
Section 99E.6 - Internet fantasy sports contest tax — rate — allocation.
Section 99E.7 - Internet fantasy sports contests — age restrictions.
Section 99E.8 - Licensees — records — reports — confidentiality.