Form Rpd-41302 - Bingo And Raffle Tax Return (Page 2 of 2) in pdf

State of New Mexico

RPD-41302

Rev. 06/2009

Taxation and Revenue Department

BINGO AND RAFFLE TAX RETURN

For tax periods ending prior to July 1, 2009, file and pay using Form RPD-41302, Bingo and Raffle Tax Return.

For periods beginning on or after July 1, 2009, file and pay using Form RPD-41345, New Mexico Bingo and Raffle

Tax Return.

Effective July 1, 2009, the New Mexico Bingo and Raffle Act was enacted, and the former Bingo and Raffle Act was repealed.

The new legislation enacts a comprehensively reformed New Mexico Bingo and Raffle Act. The substantive tax effects are

a change from a 3% tax on net receipts to a 0.5% tax on gross receipts and a shift from monthly reporting and payment to

quarterly reporting and payment. Any taxes, fines, civil penalties or other obligations owed under the former Bingo and Raffle

Act, continue to be owed and enforceable under the New Mexico Bingo and Raffle Act.

LINE INSTRUCTIONS: Complete the name and address block and the identification numbers of the qualified organization if

the information is not preprinted. You must enter the federal employer identification number (FEIN) or social security number

(SSN). Enter the New Mexico CRS identification number or leave the space blank if your organization is not required to have

a CRS identification number. Indicate the first and last day of the month in which the taxable event occurred.

1. Net proceeds:

Enter the net proceeds of games of chance.

2. Tax due:

Calculate at 3% of line 1.

3. Penalty:

2% of line 2 per month or partial month late up to 20% of tax due or $5.00, whichever is greater.

4. Interest:

Line 2 multiplied by the daily interest rate times the number of days the report is late. Interest

rates can change on a quarterly basis. The effective annual and daily interest rates are posted

on the Department's web page at

or can be obtained by contacting

the Department.

5. Total due:

Enter the total of lines 2, 3 and 4.

6. Total paid:

Enter the total amount of remittance included with this return.

If amending a previously filed return, mark the box in the lower right-hand corner.

IMPORTANT DEFINITIONS

"Net proceeds" means the receipts less the expenses, charges, fees and deductions specifically authorized under the Bingo

and Raffle Act, Sections 60-2B-1 to 60-2B-14 NMSA 1978.

"Qualified organization" means a bona fide chartered branch, lodge or chapter of a national or state organization or any

bona fide religious, charitable, environmental, fraternal, educational or veterans' organization operating without profit to its

members that has been in existence in New Mexico continuously for three years immediately prior to the making of an ap-

plication for a license under the Bingo and Raffle Act and that has had, during the entire three-year period, a dues-paying

membership engaged in carrying out the objects of the corporation or organization. A voluntary firemen's organization is

a qualified organization and a labor organization is a qualified organization for the purpose of the Bingo and Raffle Act if it

uses the proceeds from a game of chance solely for scholarship or charitable purposes. Note: qualified organizations are

required to be licensed by the Gaming Control Board.

"Game of chance" means that specific kind of game of chance commonly known as bingo or lotto in which prizes are awarded

on the basis of designated numbers or symbols on a card conforming to numbers or symbols selected at random, and that

specific kind of game of chance commonly known as a raffle that is conducted by drawing for prizes or the allotment of prizes

by chance or by the selling of shares, tickets or rights to participate in the game.

The Bingo and Raffle Act does not apply to:

a drawing or a prize at a fair or fiesta held in New Mexico under the sponsorship or authority of the state

or any of its political subdivisions, or for the benefit of a church situated in this state or for charitable purposes when all the

proceeds of the sale or drawing shall be expended within New Mexico for the benefit of that church or charitable purpose,

provided the fair or fiesta has been held on an annual basis for not less than two years immediately preceding and for a

period of not more than fourteen consecutive calendar days in each year, or

bingo or raffle held by a group or organization defined above that holds bingo or a raffle only once during

three consecutive calendar months and does not exceed four occasions in one calendar year.

Form Rpd-41302 - Bingo And Raffle Tax Return Page 2

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