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FAQ: Alaska Gaming Tax
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AS 05.15.010 authorizes the Department of Revenue to issue permits to qualified organizations, and municipalities. The permit gives the qualified organization or municipality the privilege of conducting bingo, raffles and lotteries, pull-tab games, ice classics, rain classics, mushing sweepstakes, fish derbies and contests of skill within the state. Annual permit fees range from $20 to $100, depending on the amount of gross receipts from gaming activities for the previous calendar year.
Alaska levies a 1% fee on net proceeds from gaming activities from the previous calendar year. Permittees with less than $20,000 in gross receipts from gaming activities from the previous calendar year are exempt from the fee.
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Added: Tue Jan 01 2002
Last Modified: Tue Jan 08 2008
