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Code · Wisconsin · Chapter 563 — Bingo and raffle control

563.80 Gross receipts tax.

86 words·~1 min read·/wi/chapter-563/563-80

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563.80 Gross receipts tax.
(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
(jn).
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