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9/9/20  7:54 pm
Commenter: Gaming Laboratories International (GLI)

GLI: 11 VAC 5-80-60 Compliance with Tax Laws; Disclosure
 

Key:   Recommended Modifications and Additional Rule Text    Removals  Movement  

11 VAC 5-80-60 Compliance with Tax Laws; Disclosure

GLI Recommendations

A permit holder shall comply with all applicable tax laws and regulations, including laws and regulations applicable to tax withholding and laws and regulations applicable to providing information about winnings and withholdings to taxing authorities and to sports bettors. A permit holder shall provide for the issuance of applicable tax forms to persons who meet the reporting threshold for income from sports betting;

GLI recommends adding from § 58.1-4041.A.6

CommentID: 84634