Tennessee Code > Title 67 > Chapter 4 > Part 9 – Fantasy Sports Tax Act
Current as of: 2024 | Check for updates
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Other versions
| § 67-4-901 | Short title |
| § 67-4-902 | Part definitions |
| § 67-4-903 | Tax on adjusted revenues of fantasy sports contest |
| § 67-4-904 | Payment of tax |
| § 67-4-905 | Distribution of taxes |
Terms Used In Tennessee Code > Title 67 > Chapter 4 > Part 9 - Fantasy Sports Tax Act
- Adjusted revenues: means , for each fantasy sports contest, the amount equal to the total entry fees collected from all participants entering the fantasy sports contest less winnings paid to participants in the contest, multiplied by the resident percentage. See Tennessee Code 67-4-902
- Commissioner: means the commissioner of revenue. See Tennessee Code 67-4-902
- Department: means the department of revenue. See Tennessee Code 67-4-2004
- Resident percentage: means , for each fantasy sports contest, the percentage, rounded to the nearest tenth of a percent (0. See Tennessee Code 67-4-902
- State: means any state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, any territory or possession of the United States and any foreign country or political subdivision thereof. See Tennessee Code 67-4-2004