61 Pa. Code § 21.4 - Breakage
(a)
General. Licensed corporations which conduct thoroughbred
horse racing shall pay to the Department, in addition to wagering taxes, an
amount equal to 25% of the breakage retained by the corporation from total
wagers each racing day.
(b)
Payment date. Breakage shall be paid daily to the Department
and shall accompany the wagering tax return filed with the Department. This
subsection shall be subject to the provisions of §§
21.6 and
21.7 (relating to extension of
time for filing tax returns; and timely mailing treated as timely filing and
payment).
Notes
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