Wisconsin Statutes (Last Updated: January 10, 2017) |
Chapter 563. Bingo And Raffle Control |
SubChapter VII. GROSS RECEIPTS TAX |
Section 563.80. Gross receipts tax.
Latest version.
- (1) An occupational tax is imposed on those gross receipts of any licensed organization which are derived from the conduct of bingo, in the following amounts:(a) One percent of the first $30,000 in gross receipts received by a licensed organization during a year.(b) Two percent of the gross receipts received by a licensed organization during a year that exceed $30,000.(2m) All moneys received under sub. (1) shall be credited to the appropriation account under s. 20.505 (8) (jm) .