The PA Department of Revenue updated their website with some information that is informative and will benefit PA SGOC licensee's to read.
The information listed and provided by the PA Department of Revenue seems to be in line with most if not all of our recent blogs where we posted our interpretation of the new laws. However we still do not see clarification of the term proceeds. We assume it is net proceeds and not gross proceeds but this has not yet been confirmed.
When you go to the website you will see the following message:
Taverns will want to check out the following site which is listed on the PA Dept. of Revenue's site:
http://www.lcb.state.pa.us/cons/groups/legal/documents/form/002140.pdf
Resources:
http://www.revenue.state.pa.us/portal/server.pt/community/small_games_of_chance/14500
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