CHAPTER 9. TYPE II GAMBLING GAME EXCISE TAX

IC 4-36-9
    Chapter 9. Type II Gambling Game Excise Tax

IC 4-36-9-1
Excise tax imposed on type II gambling games; tickets used inqualified drawings exempted
    Sec. 1. (a) An excise tax is imposed on the distribution of type IIgambling games in the amount of ten percent (10%) of the price paidby the retailer that purchases the type II gambling games.
    (b) The excise tax imposed by this section does not apply to thedistribution of tickets used in qualified drawings.
As added by P.L.95-2008, SEC.13. Amended by P.L.108-2009,SEC.22.

IC 4-36-9-2
Excise tax imposed upon distribution of type II gambling games
    Sec. 2. A licensed entity distributing pull tabs, punchboards, or tipboards under this article is liable for the tax. The tax is imposed atthe time the licensed entity:
        (1) brings or causes the type II gambling games to be broughtinto Indiana for distribution;
        (2) distributes type II gambling games in Indiana; or
        (3) transports type II gambling games to retailers in Indiana forresale by those retailers in accordance with this article.
As added by P.L.95-2008, SEC.13.

IC 4-36-9-3
Tax collection procedures
    Sec. 3. The department shall establish procedures by which eachlicensee must account for the following:
        (1) The tax collected under this chapter by the licensee.
        (2) The type II gambling games sold by the licensee.
        (3) The funds received for the sale of type II gambling games bythe licensee.
        (4) The address of each retailer that purchased pull tabs,punchboards, or tip boards from the licensee in the previouscalendar month.
As added by P.L.95-2008, SEC.13.

IC 4-36-9-4
Electronic payment
    Sec. 4. A payment by a licensee to the department may not be incash. All payments must be in the form of a check, a draft, anelectronic funds transfer, or another financial instrument authorizedby the department. The department may require a licensee toestablish a separate electronic funds transfer account to makepayments to the department.
As added by P.L.95-2008, SEC.13.
IC 4-36-9-5
Monthly remissions
    Sec. 5. All taxes imposed on a licensee under this chapter shall beremitted to the department on a monthly basis at the times and asdirected by the department. The department is responsible for alladministrative functions related to the receipt of funds. Thedepartment may require a licensee to file with the department reportsof the licensee's receipts and transactions in the sale of type IIgambling games. The department shall prescribe the form of thereports and the information to be contained in the reports.
As added by P.L.95-2008, SEC.13.

IC 4-36-9-6
Audits
    Sec. 6. The department may at any time perform an audit of thebooks and records of a licensee to ensure compliance with thisarticle.
As added by P.L.95-2008, SEC.13.

IC 4-36-9-7
Deposit of taxes in the state general fund
    Sec. 7. The department shall deposit all taxes collected under thischapter in the state general fund.
As added by P.L.95-2008, SEC.13.