DraftKings, FanDuel fees deemed taxable in landmark IRS memo

Daily fantasy sports companies must pay federal excise tax on their entry fees, the IRS has decided, according to an internal memo that could cause a major shakeup in the industry.

Original Article Posted at : https://www.accountingtoday.com/articles/draftkings-fanduel-fees-deemed-taxable-in-landmark-irs-memo