D.C. Mun. Regs. tit. 30, r. 30-2133

Current through Register Vol. 71, No. 49, December 6, 2024

Rule 30-2133 - TAXATION OF SPORTS WAGERING

2133.1

On or before the twentieth (20^th) calendar day of each month, each Sports Wagering Operator in the District of Columbia shall:

(a) File a return, on forms and in the manner prescribed by the Chief Financial Officer, with the Chief Financial Officer indicating the amount of its Gross Sports Wagering Revenue, including revenues remitted by registered sports governing bodies, for the preceding calendar month; and

(b) Pay to the District of Columbia Treasurer ten percent (10%) of the Gross Sports Wagering Revenue from the preceding calendar month.

(c) All funds owed to the District under the Act shall be held in trust within the boundaries of the District for the District by an Operator until the funds are paid to the District of Columbia Treasurer. An Operator shall establish a separate bank account into which Gross Sports Wagering Revenue shall be deposited and maintained until such time as the funds are paid to the District of Columbia Treasurer.

2133.2

When the tax imposed on Gross Sports Wagering Revenue has become due and payable and has not been paid, that tax may be collected using any of the provisions set forth in Chapter 44 of Title 47 of the D.C. Official Code.

2133.3

Interest shall be assessed on underpayments of the tax on Gross Sports Wagering Revenue at the rate set forth in D.C. Official Code § 47-4201 and on overpayments under D.C. Official Code § 47-4202. The provisions of D.C. Official Code § 47-4222 shall apply, as applicable.

2133.4

All of the penalties, as applicable, set forth in Chapter 42 of Title 47 shall apply to the tax imposed on Gross Sports Wagering Revenue.

D.C. Mun. Regs. tit. 30, r. 30-2133

Final Rulemaking published at 66 DCR 011618 (8/30/2019)