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HomeBusiness and Professions CodeDiv. 8Ch. 2Art. 12§ 18826 Promoter Tax Compliance Audit

§ 18826 Promoter Tax Compliance Audit

Business and Professions Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 18826 Promoter Tax Compliance Audit

Key Takeaways

  • •If someone who organizes a fight or wrestling show doesn't report the money they made on time, the government can check their records.
  • •The government can also ask the organizer questions under oath to find out how much money was made.
  • •If the report is not good enough, the government can decide how much tax the organizer should pay.

Example

A promoter organizes a boxing match and makes $50,000 from ticket sales. They forget to send a report to the government about this money.

The government can look at the promoter's records and ask them questions to find out how much money was really made. Then, the government can decide how much tax the promoter needs to pay.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 18826 Promoter Tax Compliance Audit

Whenever any promoter fails to make a report of any contest or wrestling exhibition within the period prescribed by this chapter, or whenever such report is unsatisfactory to the commission, the executive officer, or his or her duly authorized representative may examine, or cause to be examined, the books and records of the promoter and any other persons or organizations, and subpoena and examine under oath, such persons for the purpose of determining the total amount of the gross receipts for any contest or wrestling exhibition and the amount of tax due pursuant to this chapter, which tax he or she may fix and determine as a result of such examination. (Added by Stats. 1985, Ch. 1092, Sec. 2.)

Last verified: January 22, 2026

Key Terms

promoterreportcontest or wrestling exhibitiongross receiptstax due

Related Statutes

  • § 18824 Contest Revenue Reporting Requirements
  • § 18825 Box Office Tax Inspection
  • § 18834 Closed-Circuit Tv Tax Audit
  • § 18827 Promoter Tax Enforcement Actions
  • § 1053 Chiropractic Corporation Reporting Requirements

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Business and Professions Code. Section 18826.
View Official Source