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Good news in at least one state – Kentucky has lifted their sales tax on nonprofit events. As we’ve written about before, sales tax is going to be an increasingly complex labyrinth for races and even nonprofits to navigate. With 50 different states instituting 50 different methods of collecting taxes (not including local jurisdictions like […]
Yesterday the US Supreme Court struck down a 1992 landmark decision (Quill Corporation vs. North Dakota) that had previously barred states from seeking sales tax from businesses unless they have a physical presence in the state. The 1992 decision had allowed online ecommerce businesses to thrive by not having to comply with the myriad and […]
New York has started asking races to pay sales tax on store items like extra shirts and jackets that are sold as part of a race (this does not include taxing registration or the typical free shirt that comes as part of the registration). The sales tax calculation is quite complicated – a different rate […]
We see more and more races having to collet taxes on their races or add-on items. We provide a number of mechanisms for races to collect Sales Tax – either on add-on items, store items, or registration fees. For Registration Fees, go to the Financial Tab and Extra Fees sub-tab. You can set any combination […]
