Ind. Code ch. 4-35-8

Ind. Code ch. 4-35-8
in effect

Ind. Code § 4-35-8-1 Graduated wagering tax imposed

Sec. 1. (a) A graduated slot machine wagering tax is imposed as follows on ninety-nine percent (99%) of the adjusted gross receipts received after June 30, 2012, and before July 1, 2013, on ninety-one and five-tenths percent (91.5%) of the adjusted gross receipts received after June 30, 2013, and before July 1, 2015, and on eighty-eight percent (88%) of the adjusted gross receipts received after June 30, 2015, from wagering on gambling games authorized by this article: (1) Twenty-five percent (25%) of the first one hundred million dollars ($100,000,000) of adjusted gross receipts received during the period beginning July 1 of each year and ending June 30 of the following year. (2) For periods: (A) ending before July 1, 2021, thirty percent (30%) of the adjusted gross receipts in excess of one hundred million dollars ($100,000,000) but not exceeding two hundred million dollars ($200,000,000) received during the period beginning July 1 of each year and ending June 30 of the following year; and (B) beginning after June 30, 2021, thirty percent (30%) of the adjusted gross receipts in excess of one hundred million dollars ($100,000,000) received during the period beginning July 1 of each year and ending June 30 of the following year. (3) For periods ending before July 1, 2021, thirty-five percent (35%) of the adjusted gross receipts in excess of two hundred million dollars ($200,000,000) received during the period beginning July 1 of each year and ending June 30 of the following year. (b) A licensee shall do the following: (1) Remit the daily amount of tax imposed by this section to the department on the twenty-fourth calendar day of each month. Any taxes collected during the month but after the day on which the taxes are required to be paid shall be paid to the department at the same time the following month's taxes are due. (2) Report gaming activity information to the commission daily on forms prescribed by the commission. (c) The payment of the tax under this section must be in a manner prescribed by the department. (d) If the department requires taxes to be remitted under this chapter through electronic funds transfer, the department may allow the licensee to file a monthly report to reconcile the amounts remitted to the department. (e) The payment of the tax under this section must be reported and remitted electronically through the department's online tax filing program. As added by P.L.233-2007, SEC.21. Amended by P.L.172-2011, SEC.10; P.L.205-2013, SEC.72; P.L.210-2013, SEC.18; P.L.255-2015, SEC.43; P.L.212-2018(ss), SEC.10; P.L.293-2019, SEC.38; P.L.137-2022, SEC.8.

Ind. Code § 4-35-8-3 Deposits into state general fund

Sec. 3. The department shall deposit tax revenue collected under section 1 of this chapter in the state general fund. As added by P.L.233-2007, SEC.21. Amended by P.L.146-2008, SEC.22.

Ind. Code § 4-35-8-5 Deductions for qualified wagering

Sec. 5. (a) This section applies to adjusted gross receipts from wagering on gambling games that occurs after the effective date of this section, as added by SEA 528-2013. (b) As used in this section, "qualified wagering" refers to wagers made by patrons using noncashable vouchers, coupons, electronic credits, or electronic promotions provided by the licensee. (c) Subject to subsection (d), a licensee may at any time during the state fiscal year deduct from the adjusted gross receipts reported by the licensee the adjusted gross receipts attributable to qualified wagering. A licensee must take a deduction under this section on a form and in the manner prescribed by the department. (d) A licensee may not deduct more than the following amounts in a particular state fiscal year: (1) Two million five hundred thousand dollars ($2,500,000) in a state fiscal year ending before July 1, 2013. (2) Five million dollars ($5,000,000) in a state fiscal year beginning after June 30, 2013, and ending before July 1, 2015. (3) Seven million dollars ($7,000,000) in a state fiscal year beginning after June 30, 2015, and ending before July 1, 2021. (4) Nine million dollars ($9,000,000) in a state fiscal year beginning after June 30, 2021. (e) Deductions under this section also apply to a licensee's adjusted gross receipts for purposes of the following statutes: (1) IC 4-35-7-12. (2) IC 4-35-8.5. (3) IC 4-35-8.9. (f) A licensee may for a state fiscal year assign all or part of the amount of the deduction under this section that is not claimed by the licensee for the state fiscal year to another licensee, a licensed owner as defined by IC 4-33-2-13, or an operating agent as defined by IC 4-33-2-14.5. An assignment under this subsection must be in writing and both the licensee assigning the deduction and the licensee, licensed owner as defined by IC 4-33-2-13, or operating agent as defined by IC 4-33-2-14.5, to which the deduction is assigned shall report the assignment to the commission and to the department. The maximum amount that may be assigned under this subsection by a licensee for a state fiscal year is equal to the result of: (1) seven million dollars ($7,000,000); minus (2) the amount deducted under this subsection by the licensee for the state fiscal year. As added by P.L.229-2013, SEC.36. Amended by P.L.255-2015, SEC.44; P.L.293-2019, SEC.39.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/4Fetched: 10/17/2026