2005 Idaho Code - 54-413 — SIMULTANEOUS OR CLOSED CIRCUIT TELECASTS -- REPORT -- TAX ON GROSS RECEIPTS

                                  TITLE  54
                    PROFESSIONS, VOCATIONS, AND BUSINESSES
                                  CHAPTER 4
                          STATE ATHLETIC COMMISSION
    54-413.  SIMULTANEOUS OR CLOSED CIRCUIT TELECASTS -- REPORT -- TAX ON
GROSS RECEIPTS. Every licensee who charges and receives an admission fee for
exhibiting a simultaneous telecast of any live, current or spontaneous boxing
contest, boxing exhibition or wrestling exhibition on a closed circuit
telecast viewed within this state shall, within seventy-two (72) hours after
such event, furnish to the commission a verified gross receipts report on a
form which is supplied by the commission showing the number of tickets issued
or sold, and the gross receipts therefor without any deductions whatsoever.
Such licensee shall also, at the same time pay to the commission a tax equal
to five percent (5%) of such gross receipts paid for admission to the showing
of the contest or exhibition. In no event, however, shall the tax be less than
twenty-five dollars ($25.00). The tax shall apply uniformly at the same rate
to all persons subject to the tax. Such receipts shall be paid within
twenty-four (24) hours by the commission into the state athletic commission
fund.