99F.18 - TAX ON WINNINGS.
99F.18 TAX ON WINNINGS.
All winnings derived from slot machines operated pursuant to this
chapter are Iowa earned income and are subject to state and federal
income tax laws. An amount deducted from winnings for payment of the
state tax, pursuant to section 422.16, subsection 1, shall be
remitted to the department of revenue on behalf of the winner. Section History: Recent Form
92 Acts, 2nd Ex, ch 1001, §235; 2003 Acts, ch 145, §286