Subject: | |
From: | |
Reply To: | |
Date: | Fri, 23 Feb 1996 17:19:07 EST |
Content-Type: | text/plain |
Parts/Attachments: |
|
|
Do you mean sales tax? (which you collect and pay to the state or
city). Or unrelated business income tax, called UBIT, in the trade.
From the facts you've given, I can't imagine paying UBIT, unless your
mission is archaeology and you are showing the latest in men's
fashions (ie something dramatically unrelated to your mission: its
amazing how apparently unrelated things like ties and jewelery turn
out to be related and non-taxable: "this is the kind of tie that
Matisse would have painted had Matisse painted ties" well, I own one
-- actually two -- of those and they are pretty darn educational.)
Sales tax every institution in a state or city that has such a
thing pays on sales from its shop. I've never heard of anyone paying
sales tax on admissions fees, but I guess that special shows and the
like could be defined as taxable. Its a state/city thing, since there
is no federal sales tax (yet).
Eric Siegel
[log in to unmask]
|
|
|