Scholastic Book Fair Sales Tax

Why does scholastic book clubs charge sales tax.

Scholastic book fair sales tax. For more details on your specific fair profit plan contact your book fair consultant. The toolkit knows your fair type and the financial form will calculate your profit percentage based on the information you input. We have a new rep for our school which is in massachusetts.

Where do i find sales tax guidelines for my state. However courts in two states connecticut and tennessee have ruled this year that scholastic owes back. However if your school is allowed to process select sales as tax exempt you will have the opportunity to declare this on your first tax exempt transaction.

I didn t collect sales tax during my fair what should i do. How do i obtain a tax exempt certificate. Your book fair sales or any portion of your fair sales can only be considered tax exempt if your school is legally exempt from taxation and you have a current valid tax exempt certificate containing a tax exempt id number for your school.

The treasurer is arguing that we are a non profit organization and we cannot charge taxes on a fundraiser. Your book fair profit is based on your total fair sales excluding sales tax and the type of fair you are running. Download fiscal fact no.

How to process a tax exempt sale. We just ended our book fair and she is telling us we have to charge our parents tax on their purchases. Scholastic books faces state tax overreaching introduction for decades american schoolchildren have purchased books and other educational materials from scholastic book club inc which seeks to foster good reading habits and complement classroom education.

Is sales tax required for book fair purchases. 1 877 551 4644 for sales tax documents only or mail to. Your school s book fair has been set up with the state required sales tax percent and cannot be changed to zero.