How is the admissions tax calculated, on the gross or net proceeds?
The admissions tax is calculated on the paid admissions – the gross proceeds paid by the patrons. However, the tax does not apply to “(a) any amount separately stated on the ticket of admission for the repayment of money borrowed for the purpose of constructing an athletic stadium or field by any accredited college or university; or (b) any amount of the charge for admission, whether or not separately stated, that is a fee or tax imposed by a political subdivision of the State .” 12-21-2420. Note: Unless separately stated on the tickets provided to the patrons, the admissions tax is considered to be included in the charge to enter or use the place of amusement.
