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Authority:
Collected
under the authority of The Horse Racing Regulation Act.
Basis:
Imposes a
levy on bets wagered in Saskatchewan on pari-mutuel races.
Revenues are
used by the Horse Racing Commission to provide grants to various
racing tracks.
Rate:
10% of the
total amount of money wagered at race tracks.
Tax is remitted
monthly.
Revenue:
Year |
Revenue |
1995/96 |
$1,619,000 |
1996/97 |
$1,485,000 |
1997/98 |
$1,633,000 |
1998/99 |
$1,653,000 |
1999/00 |
$1,426,000 |
2000/01 |
$1,449,000 |
2001/02 |
$1,401,000 |
2002/03 |
$1,138,000 |
2003/04 |
$1,142,000
|
2004/05
|
$1,114,000
|
2005/06
|
$1,179,000 |
2006/07
(Budget)
|
$1,100,000 |
|
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