Gambling Product
Gambling product includes:
- electronic games
- paper pull-tab games
- tipboard games
- bingo paper
- bingo boards
- paddleticket cards and paddletickets
- printing cost for raffle tickets
- electronic raffles systems
- raffle boards
- sales tax on the above items
Sales tax on Gambling Product
Even if an organization is sales tax exempt, the organization is required to pay sales tax on gambling product.
Sales to tax exempt organizations are taxable if the items purchased are not used in the performance of the charitable, religious, or educational functions of the exempt organization. This includes sales of all lawful gambling equipment and supplies to any organization conducting gambling activities because the gambling equipment is not used in the performance of exempt functions.
|
Deadline for Payment; Delinquent Organizations Reported
- The distributor or linked bingo game provider must receive payment for gambling equipment within 30 days of the invoice date.
- A distributor or linked bingo game provider is required to notify the Gambling Control Board if an organization is delinquent in paying for its gambling equipment or gambling product.
- If an organization is delinquent, the Gambling Control Board will notify all distributors and linked bingo game providers that all sales to that organization must be on a cash-only basis, that is, by check or electronic transfer when delivered. No credit may be extended until the payments are current.
