Section 23K:55 - Taxes for licensees(a) A category 1 licensee shall pay a daily tax of 25 per cent on gross gaming revenues.(b) A category 2 licensee shall pay a daily tax of 40 per cent on gross gaming revenue.(c) In addition to the tax imposed under subsection (b), a category 2 licensee shall pay a daily assessment of 9 per cent of its gross gaming revenue to the Race Horse Development Fund established in section 60.(d) Taxes imposed under this section shall be remitted to the commission by a gaming licensee the day following each day of wagering.Mass. Gen. Laws ch. 23K, § 55
Added by Acts 2011, c. 194,§ 16, eff. 2/20/2012.