As a Georgia nonprofit, are you supposed to: (a) pay sales tax on items you buy? (b) charge sales tax on items you sell? (c) charge sales tax on fundraising activities including admissions to our galas, golf tournaments, and fun runs or (d) all of the above? Much of the time, the answer is (d) all of the above!
In July, the Georgia Department of Revenue (“DOR”) answered the question above in a comprehensive bulletin on how and when sales and use tax applies to nonprofit fundraising activities. During this presentation, our speakers will review the new bulletin from the DOR and:
- Provide an overview of sales taxes and use taxes in Georgia;
- Explain how sales tax is collected and remitted in Georgia;
- Describe the structure of exemptions to sales tax and some limited exemptions; and
- Discuss whether sales tax must be collected when conducting various fundraising activities.
Speakers: Richard Litwin, Litwin Law and Robyn Miller, Senior Corporate/Tax Counsel, Pro Bono Partnership of Atlanta
Slides - Sales Tax and 501(c)(3)s 2