{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/58.1-4124.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/58.1-4124.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/58.1-4124.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/58.1-4124.html"}],"law_id":61944,"edition_id":1,"section_id":61944,"structure_id":15933,"section_number":"58.1-4124","catch_line":"Tax rate on adjusted gross receipts","history":"2020, cc. 1197, 1248; 2021, Sp. Sess. I, c. 7.","full_text":"A\n\nA tax on the adjusted gross receipts of each licensed operator received from games authorized under this chapter shall be imposed as follows:1\n\nOn the first $200 million of adjusted gross receipts of an operator each calendar year, a rate of 18 percent.2\n\nOn the adjusted gross receipts of an operator that exceed $200 million but do not exceed $400 million each calendar year, a rate of 23 percent.3\n\nOn the adjusted gross receipts of an operator that exceed $400 million each calendar year, a rate of 30 percent.B\n\nAll tax revenues collected pursuant to the provisions of this section shall accrue to the Gaming Proceeds Fund and be allocated as provided in § 58.1-4125.C\n\nThe taxes imposed by this section shall be paid by the licensed operator to the Department no later than the close of the fifth day of each month for the preceding month when the adjusted gross receipts were received and shall be accompanied by forms and returns prescribed by the Board. Revenues collected pursuant to this section shall be credited to the Gaming Proceeds Fund to be appropriated as set forth in § 58.1-4125. The Department may suspend or revoke the license of an operator for willful failure to submit the wagering tax payment or the return within the specified time.D\n\nThe tax imposed under this section shall not apply to the receipts of a licensed operator from sports betting, whether such receipts were generated from a sports betting facility or sports betting platform; instead, such receipts shall be taxable under § 58.1-4037.","order_by":null,"text":{"0":{"id":226129,"text":"A tax on the adjusted gross receipts of each licensed operator received from games authorized under this chapter shall be imposed as follows:","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A1"},"1":{"id":226130,"text":"On the first $200 million of adjusted gross receipts of an operator each calendar year, a rate of 18 percent.","type":"section","prefixes":["A","1"],"prefix":"1","entire_prefix":"A1","prefix_anchor":"A1","level":2,"prior_prefix":"A","next_prefix":"A2"},"2":{"id":226131,"text":"On the adjusted gross receipts of an operator that exceed $200 million but do not exceed $400 million each calendar year, a rate of 23 percent.","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A1","next_prefix":"A3"},"3":{"id":226132,"text":"On the adjusted gross receipts of an operator that exceed $400 million each calendar year, a rate of 30 percent.","type":"section","prefixes":["A","3"],"prefix":"3","entire_prefix":"A3","prefix_anchor":"A3","level":2,"prior_prefix":"A2","next_prefix":"B"},"4":{"id":226133,"text":"All tax revenues collected pursuant to the provisions of this section shall accrue to the Gaming Proceeds Fund and be allocated as provided in § 58.1-4125.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A3","next_prefix":"C"},"5":{"id":226134,"text":"The taxes imposed by this section shall be paid by the licensed operator to the Department no later than the close of the fifth day of each month for the preceding month when the adjusted gross receipts were received and shall be accompanied by forms and returns prescribed by the Board. Revenues collected pursuant to this section shall be credited to the Gaming Proceeds Fund to be appropriated as set forth in § 58.1-4125. The Department may suspend or revoke the license of an operator for willful failure to submit the wagering tax payment or the return within the specified time.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"6":{"id":226135,"text":"The tax imposed under this section shall not apply to the receipts of a licensed operator from sports betting, whether such receipts were generated from a sports betting facility or sports betting platform; instead, such receipts shall be taxable under § 58.1-4037.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C"}},"ancestry":[{"id":15933,"edition_id":1,"name":"Taxation","identifier":"9","label":"article","depth":4,"order_by":1,"parent_id":13502,"metadata":{},"date_created":"2026-06-26 04:02:16","date_modified":"2026-06-26 04:02:16","permalink":{"id":259511,"object_type":"structure","relational_id":15933,"identifier":"9","token":"58.1\/IV\/41\/9","url":"\/58.1\/IV\/41\/9\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13502,"edition_id":1,"name":"Casino Gaming","identifier":"41","label":"chapter","depth":3,"order_by":1,"parent_id":13501,"metadata":{},"date_created":"2026-06-26 03:45:05","date_modified":"2026-06-26 03:45:05","permalink":{"id":259321,"object_type":"structure","relational_id":13502,"identifier":"41","token":"58.1\/IV\/41","url":"\/58.1\/IV\/41\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13501,"edition_id":1,"name":"Other Sources of State Revenue","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12703,"metadata":{},"date_created":"2026-06-26 03:45:05","date_modified":"2026-06-26 03:45:05","permalink":{"id":259073,"object_type":"structure","relational_id":13501,"identifier":"IV","token":"58.1\/IV","url":"\/58.1\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12703,"edition_id":1,"name":"Taxation","identifier":"58.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":251959,"object_type":"structure","relational_id":12703,"identifier":"58.1","token":"58.1","url":"\/58.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":61944,"structure_id":15933,"section_number":"58.1-4124","catch_line":"Tax rate on adjusted gross receipts","url":"\/58.1-4124\/","token":"58.1\/IV\/41\/9\/58.1-4124","metadata":false},{"id":79070,"structure_id":15933,"section_number":"58.1-4125","catch_line":"Gaming Proceeds Fund","url":"\/58.1-4125\/","token":"58.1\/IV\/41\/9\/58.1-4125","metadata":false}],"next_section":{"id":79070,"structure_id":15933,"section_number":"58.1-4125","catch_line":"Gaming Proceeds Fund","url":"\/58.1-4125\/","token":"58.1\/IV\/41\/9\/58.1-4125","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/58.1-4124\/","history_text":"

This law was first created in 2020. The record of its establishment is cataloged in chapters 1197<\/a> and 1248<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":[{"id":58759,"section_number":"58.1-4141","catch_line":"Taxation","order_by":null,"url":"\/58.1-4141\/"}],"refers_to":[{"id":78020,"section_number":"58.1-4037","catch_line":"Tax on adjusted gross revenue","order_by":null,"url":"\/58.1-4037\/"},{"id":79070,"section_number":"58.1-4125","catch_line":"Gaming Proceeds Fund","order_by":null,"url":"\/58.1-4125\/"}],"permalink":{"id":259513,"object_type":"law","relational_id":61944,"identifier":"58.1-4124","token":"58.1\/IV\/41\/9\/58.1-4124","url":"\/58.1-4124\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/58.1-4124\/","token":"58.1\/IV\/41\/9\/58.1-4124","dublin_core":{"Title":"Tax rate on adjusted gross receipts","Type":"Text","Format":"text\/html","Identifier":"\u00a7 58.1-4124","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> A tax on the adjusted gross receipts<\/span> of each licensed operator received from games<\/span> authorized under this chapter shall be imposed as follows: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> On the first $200 million of adjusted gross receipts<\/span> of an operator each calendar year, a rate of 18 percent. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> On the adjusted gross receipts<\/span> of an operator that exceed $200 million but do not exceed $400 million each calendar year, a rate of 23 percent. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> On the adjusted gross receipts<\/span> of an operator that exceed $400 million each calendar year, a rate of 30 percent. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> All tax revenues collected pursuant to the provisions of this section shall accrue to the Gaming Proceeds Fund and be allocated as provided in § 58.1-4125<\/a>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> The taxes imposed by this section shall be paid by the licensed operator to the Department<\/span> no later than the close of the fifth day of each month for the preceding month when the adjusted gross receipts<\/span> were received and shall be accompanied by forms and returns prescribed by the Board<\/span>. Revenues collected pursuant to this section shall be credited to the Gaming Proceeds Fund to be appropriated as set forth in § 58.1-4125<\/a>. The Department<\/span> may suspend or revoke the license of an operator for willful failure to submit the wagering tax payment or the return within the specified time. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> The tax imposed under this section shall not apply to the receipts of a licensed operator from sports betting, whether such receipts were generated from a sports betting facility<\/span> or sports betting platform; instead, such receipts shall be taxable under § 58.1-4037<\/a>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nTAX RATE ON ADJUSTED GROSS RECEIPTS (\u00a7 58.1-4124)\n\nA. A tax on the adjusted gross receipts of each licensed operator received from\ngames authorized under this chapter shall be imposed as follows:\n\n 1. On the first $200 million of adjusted gross receipts of an operator each\n calendar year, a rate of 18 percent.\n\n 2. On the adjusted gross receipts of an operator that exceed $200 million but\n do not exceed $400 million each calendar year, a rate of 23 percent.\n\n 3. On the adjusted gross receipts of an operator that exceed $400 million each\n calendar year, a rate of 30 percent.\n\nB. All tax revenues collected pursuant to the provisions of this section shall\naccrue to the Gaming Proceeds Fund and be allocated as provided in §\n58.1-4125.\n\nC. The taxes imposed by this section shall be paid by the licensed operator to\nthe Department no later than the close of the fifth day of each month for the\npreceding month when the adjusted gross receipts were received and shall be\naccompanied by forms and returns prescribed by the Board. Revenues collected\npursuant to this section shall be credited to the Gaming Proceeds Fund to be\nappropriated as set forth in § 58.1-4125. The Department may suspend or\nrevoke the license of an operator for willful failure to submit the wagering tax\npayment or the return within the specified time.\n\nD. The tax imposed under this section shall not apply to the receipts of a\nlicensed operator from sports betting, whether such receipts were generated from\na sports betting facility or sports betting platform; instead, such receipts\nshall be taxable under § 58.1-4037.\n\nHISTORY: 2020, cc. 1197, 1248; 2021, Sp. Sess. I, c. 7.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}