P.R. Laws tit. 15, § 76
The license fees that according to § 74 of this title, must be paid by the licensees who operate facilities for games of chance covered by the provisions of §§ 71—79 and 85—89 of this title, are hereby fixed in the amounts established below:
TOTAL GAMBLED ANNUALLY FRANCHISE FEES
Less than 25 million $50,000
In excess of $25 million up to $50 million $100,000
In excess of $50 million up to $100 million $150,000
In excess of $100 million $200,000
The Tourism Company shall determine the gambling equipment that may be used in said facilities through the payment of such fees as well as the various types of games of chance authorized for each licensee. At the close of his/her tax year, each licensee must submit a copy of his/her certified financial statements to the Commissioner of Financial Institutions, accompanied by a special opinion of the authorized public accountant who certified them, in which the total amount gambled during the year is certified.
Notwithstanding the provisions of § 7 of Title 13, which creates the “Fund for the Investigation and Audit of Financial Institutions and Gambling Casinos”, and the provisions of §§ 2007 and 2018 of Title 7, the revenues on account of the license fees to operate gambling rooms shall be covered into the General Fund of the Commonwealth Treasury.
History —May 15, 1948, No. 221, p. 750, added as § 7 on July 20, 1989, No. 33, p. 108, § 2; June 26, 1997, No. 24, § 7.