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1990_0220_packet
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1990_0220_packet
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BACKGROUND 13 <br />*I <br />Organizations in Alaska may, not deduct mortgage and 'interest payments or <br />property taxes. in Ohiol, when, blingo is conducted, on premises owned by the <br />organization, it may, play itself the lesser of $1250 or 25 percent of gross re-ceipts <br />as, consider,a,t,ioIn for each oiccasion., <br />Uncollectable, checks, and, cash, shortages. are classed as expenses in North <br />Dakota., North Dakota also, has a graduated expense limit of 50 percent of <br />41 <br />the first $200,000 of gross receipts minus, pidzes and 45 percent of all gross re- <br />ceipts minus pIn,zes in excess of'that, <br />Figure 1.1, shows, that states vary widely in taxation philosophies. Washington <br />provides for a, large tax option, at the local, level as wIel,l, as a 1.5 percent state <br />business, and occupation tax, and Ohio chooses to, levy no taxes at all. Minn e- <br />7 Washington requires gambling licensees to report all political contributions quarterly to the Gambling <br />Commission whether the contributions are made from , lawful purpose, funds or not. <br />0 0 limp 111 11 <br />di <br />lip <br />OW <br />MAI i <br />0 lie I <br />lip r I� a <br />Figure 1.1, shows, that states vary widely in taxation philosophies. Washington <br />provides for a, large tax option, at the local, level as wIel,l, as a 1.5 percent state <br />business, and occupation tax, and Ohio chooses to, levy no taxes at all. Minn e- <br />7 Washington requires gambling licensees to report all political contributions quarterly to the Gambling <br />Commission whether the contributions are made from , lawful purpose, funds or not. <br />
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