Section 68 IAC 27-9-2 - Calculation of taxesAuthority: IC 4-38-3-1
Affected: IC 4-38
Sec. 2.
(a) Remittance of wagering taxes shall be the sole responsibility of the certificate of authority holder.(b) If the amount of adjusted gross receipts on a gaming day is a negative figure, the certificate of authority holder shall remit no sports wagering tax for that gaming day. Any negative adjusted gross receipts shall be carried over and calculated as a deduction on Form RG-1 on the subsequent gaming days until the negative figure has been brought to a zero (0) balance.Indiana Gaming Commission; 68 IAC 27-9-2; filed 6/25/2021, 2:59 p.m.: 20210721-IR-068200420FRA