Pari-Mutuel Tax Registration Certificate
Finance and Treasury Board
Overview
"Pari-Mutuel" is defined as a system of betting on races in which the winning bettors share the total amount bet minus a percentage to the operators.
In New Brunswick, pari-mutuel bets are subject to tax. This is imposed under the Pari-Mutel Tax Act which is administered by this department. The tax is applied to the gross wager at a Harness Racing Track (called the Pari-Mutuel Bet).
Eligibility
Any person who wishes to operate, conduct or manage a pari-mutuel system of betting or receives bets through the agency of a pari-mutuel system must obtain a valid registration certificate issued under the Pari-Mutuel Tax Act.
Description
In order to apply for a Pari-Mutuel Tax Registration Certificate, an application must be completed and forwarded to this department along with the fee.
Changes To Fees
This document provides the rationale supporting changes to fees, associated revenue information, and the legal authority:
2012-FIN-01-PariMutuelOperator.pdf
Fees
Unless otherwise specified, Fees exclude the harmonized sales tax (HST).
| Fee Description | Rate in $ | Effective Date YYYY-MM-DD | |
|---|---|---|---|
| Pari-Mutuel Tax Registration Certificate | 1500.00 | 2012-04-01 | |
| Yearly Renewal - Pari-Mutuel Tax Registration Certificate | 500.00 | 2012-04-01 | |
| Contact Information | Location |
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