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) .
1973 c. 156 ; 1991 a. 269 s. 782Ld ; Stats. 1991 s. 563.80; 1997 a. 237 ; 1999 a. 5 .