The tax on racing admissions is changing. For details, see Racing admissions tax.
Pari-mutuel taxes include:
- a portion of commissions withheld from wagering pools paid by a racing association or corporation conducting pari-mutuel betting in the state
- a racing admissions tax
- a non-profit racing association franchise fee
- a remittance of the breakage (the difference between a wager pool for a given bet and the total payout after rounding the payoff to bettors)
- a remittance of uncashed tickets and other unclaimed funds
Liability or filing period
The 16th day of the preceding month through the 15th day of the current month, except for March.
Last business day of each month (except for March).
March 31 for taxes due and accruing through the last full week of racing in March.
- Form AU-212, New York Department of Taxation and Finance State Pari-Mutuel Betting Tax Return
- Form AU-212.1, New York State Pari-Mutuel Betting Tax Return - Schedule I Pari-Mutuel Betting Distribution
- Form AU-212.2, New York State Pari-Mutuel Betting Tax Return - Schedule II Simulcast Receiver's Betting Distribution
- Form AU-212.3, New York State Pari-Mutuel Betting Tax Return - Schedule III Simulcast Credits Claimed
- Form AU-212.4, New York State Pari-Mutuel Betting Tax Return - Schedule IV Outstanding Pari-Mutuel Tickets Balance
Meets beginning before November 1, 2021
Meets beginning before November 1, 2021, and ending after that date are subject to the racing admission tax. For those events, you must collect and pay any racing admissions tax due using Form AU-207, Return of Racing Admissions Tax, and instructions.
- for race meetings 30 days or fewer: within 10 days after the close of the race meeting
- for race meetings more than 30 days: on or before the 10th day of each month for the previous month's admissions
Meets held on or after November 1, 2021
Charges for admissions to racetracks and simulcast facilities:
- are subject to the 4% New York State sales tax,
- are no longer subject to the state racing admissions tax, and
- are not subject to the 3/8% Metropolitan Commuter Transportation District (MCTD) tax and local sales taxes.
If your organization charges for admissions to racetracks and simulcast facilities, you must report these charges using the New York State only 4% line on your main New York State sales and use tax return. For filing periods and due dates, see Filing Requirements for Sales and Use Tax Returns. If you’re not currently registered for sales tax, you must register as a sales tax vendor at least 20 days before you begin selling taxable admissions.
Liability or filing period
Calendar year, or portion of a calendar year, during which the uncashed tickets were sold as of December 31 of the racing season year.
First installment (Part 1 of Form AU-215) due March 15th.
Remaining uncashed ticket sums (part 2 of Form AU-215) due April 10th.