close
114th Congress: We're updating with new data as it becomes available.

H.R.5523 - Internet Gambling Regulation and Tax Enforcement Act of 2008

To amend the Internal Revenue Code of 1986 to regulate and tax Internet gambling. view all titles (2)

All Bill Titles

  • Short: Internet Gambling Regulation and Tax Enforcement Act of 2008 as introduced.
  • Official: To amend the Internal Revenue Code of 1986 to regulate and tax Internet gambling. as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Bill’s Views

  • Today: 1
  • Past Seven Days: 1
  • All-Time: 2,470
 
Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
03/04/08
 
 
 
 
 
 
 

Official Summary

Internet Gambling Regulation and Tax Enforcement Act of 2008 - Amends the Internal Revenue Code to: (1) impose an Internet gambling license fee on Internet gambling operators; (2) require such operators to file informational returns identifying themselves and the individuals placing wagers

Official Summary

Internet Gambling Regulation and Tax Enforcement Act of 2008 - Amends the Internal Revenue Code to:
(1) impose an Internet gambling license fee on Internet gambling operators;
(2) require such operators to file informational returns identifying themselves and the individuals placing wagers with them;
(3) require withholding of tax on annual Internet gambling winnings of more than $5,000;
(4) impose a 30% tax on the Internet gambling winnings of nonresident aliens; and
(5) impose the excise tax on wagers on any individual who places a wager with an unlicensed Internet gambling operator.

...Read the Rest




Vote on This Bill

100% Users Support Bill

1 in favor / 0 opposed
 

Send Your Rep a Letter

about this bill Support Oppose Tracking
Track with MyOC