Arkansas Code Title 26, Subtitle 5, Chapter 51, Subchapter 13 - Winnings Withholding Act
- § 26-51-1301 - Title.
This subchapter may be cited as the "Winnings Withholding Act of 1987".
- § 26-51-1302 - Definitions.
As used in this subchapter: (1) "Gaming winnings" means winnings from electronic games of skill based on the amount paid with respect to the...
- § 26-51-1303 - Amount Deducted and Withheld for Racing Winnings -- Credit.
(a) Every holder of a franchise to conduct dog racing or horse racing in this state making any single payment of racing winnings on...
- § 26-51-1304 - Administration.
This subchapter shall be administered in accordance with the Arkansas Tax Procedure Act, ยง 26-18-101 et seq.
- § 26-51-1305 - Liability of Franchise Holders.
Every holder of a franchise to conduct dog racing, horse racing, or electronic games of skill shall be liable for amounts required to be...
- § 26-51-1306 - Withholding Return and Payment for Racing Winnings.
Every franchise holder required to deduct and withhold income tax from racing winnings under this subchapter shall file, within sixty (60) days after the...
- § 26-51-1307 - Annual Statement of Withholding for Racing Winnings.
(a) Every franchise holder required to deduct and withhold income tax from racing winnings under this subchapter shall file an annual statement of withholding...
- § 26-51-1308 - Duties of Franchise Holders and Payees.
(a) Every holder of a franchise to conduct dog racing, horse racing, or electronic games of skill who fails to withhold or pay to...
- § 26-51-1309 - Gaming Winnings Tax -- Withholding and Remittance.
(a) There is levied, assessed, and collected a gaming winnings tax of three percent (3%) on any single payment of winnings from electronic games...
- § 26-51-1310 - Withholding Return, Reporting, and Payment -- Electronic Games of Skill.
(a) The holder of a franchise to conduct electronic games of skill in this state shall register to withhold the gaming winnings tax under...
Last modified: November 15, 2016