"PA SGOC 60/40 split is for entire 2014 calendar year" ~PA Depart. of Rev. Interpretation of recent Law Changes

This Just In:

The Pennsylvania Department of Revenue updated their SGOC website today and posted the attached an SGOC_overview.pdf document that you can download.

While Myers Integrated Systems, LLC will be reading through this document thoroughly to ensure our Sienna Database System 3.0 (aka 60-40 version) addresses all requirements, we noticed the following during our initial perusal on the bottom of page 7;

We are hopeful that the PA BLCE will be consistent with their interpretation of when the 70/30-60/40 are in effect.   As of the writing of this Blog (2/7/2014) they have not yet published their interpretation of the recent law changes. 

If you are looking to protect your SGOC license, look no further than our Sienna Database System.  With the SDS System you receive system alerts to notify you when you are getting close to "net proceeds" of $20,000,  $40,000 or any another amount you define.  Be notified when your weekly payouts reach an amount you specify (like $33,000, so you don't exceed $35,000).  The SDS system is unparalleled and is your one-stop Accountability Resource for SGOC Recording, Tracking and Reporting. 

Call us at 844.GET.SGOC (844-438-7462) to learn more or schedule a demo of our system.  We offer interest free financing.  We are also partnering with several Point of Sale Systems so we can offer you a complete 'one-stop' solution to your Small Games of Chance Accountability and Point of Sale needs.

 Good Luck to all United States Athletes at the Sochi 2014 Winter Olympics!!

 

 

 

Resources:

http://www.revenue.state.pa.us/portal/server.pt/community/small_games_of_chance/14500