(a) In all cases in which a licensee under this subchapter leases amusement devices to others, it shall be the duty of the licensee to keep records of the amount of rent received by the licensee and the amount retained by the lessee and to furnish carbon copies of the records to the lessee.
(b) (1) A licensee shall ascertain the amount of sales tax due on the receipts of the amusement device and withhold the amount of the sales tax due from the receipts and remit the sales tax due to the Revenue Division of the Department of Finance and Administration.
(2) The amount of sales tax shall not be taken into consideration in determining the rent due the licensee.
(c) All records required to be kept by the licensee under the provision of this subchapter shall be made available to the Director of the Department of Finance and Administration within a reasonable time after request or the license of the offending licensee may be revoked as provided in this subchapter.
Section: Previous 26-57-408 26-57-409 26-57-410 26-57-411 26-57-412 26-57-413 26-57-414 26-57-415 26-57-416 26-57-417 26-57-418 26-57-419 26-57-420 26-57-421 NextLast modified: November 15, 2016