Nonprofit Organizations and Sales Tax

 

I.  Misconceptions

 

1.        501(c)(3) status is determined by the IRS. It is a federal designation for a nonprofit organization

        meaning that usually a 501(c)(3) organization doesn’t have to pay federal income tax. It has nothing

        to do with sales tax.

 

2.         Corporation status is determined by each state. In Virginia it is regulated by the State Corporation       

        Commission. Once incorporated, that organization is considered a separate legal entity. It has

        nothing to do with sales tax.

 

3.        “Nonprofit” or “tax exempt” status usually refers to federal or state income tax, not sales tax.

Most nonprofits in Virginia are exempt from federal and state income tax but not from sales tax.

 

 

II Sales Tax Facts

 

1.        In Virginia, Sales and Use tax is regulated by the Virginia Department of Taxation. The main office is in Richmond. Most of the branch offices have been closed because of Virginia’s budget problems, but there are still some local offices open in larger localities.

 

2.        Sales and Use tax is generally 4.5% of a gross sale with 3.5% going to the state and 1% going to the locality in which the organization is located.

 

3.        If an organization buys items and then resells those items to the public, that group should obtain a resale exemption certificate from the Department of Taxation. This will prevent the group from paying sales tax when it buys the items for resale. For example, an MG group that buys plants and       then resells them for a profit can obtain a resale exemption certificate.  A copy of the certificate can be  filed with the vendor selling the plants to the MG group and then the MGs won’t have to pay sales tax when it buys the plants.

  4.        Usually a sales and use tax report is required to be filed and the tax paid on the 20th of each month.  The tax paid will be on any sales for the entire prior month. After a while, usually a year, an organization can  request that the Department of Taxation change the filing period from monthly to quarterly. Then reports will only have to be filed and paid four times per year rather than twelve times. 

5.        Each sale doesn’t necessarily have to have 4.5% tax added on to the sale. But the sale does have to be reported and paid unless the group is exempt (see below for exemptions).

Some examples:

A cookbook can be sold for  $10.45  (10.00 sale  + .45 tax)

A cookbook can be sold for $10.00 and the tax can be backed out. ($10.00 \ 1.045 = 9.57 sale + .43 tax)

 

  6.    Nonprofit organizations in Virginia are NOT automatically exempt from sales and use tax. The only way to be exempt from sales and use tax is apply for a Sales and Use Tax Exemption.  You can apply on-line but there are conditions which must be met.  Read more about this subject at the Virginia Department of Taxation's site dealing with Sales & Use Tax Exemptions for non-profits: -http://www.tax.virginia.gov/site.cfm?alias=SUTExemption#RetailSales

 

III Occasional Sales

 

       A nonprofit group in Virginia, which does not regularly sell items for a business, may have sales at three or less occasions within a calendar year without having to register as a dealer and pay sales tax.  However, any sale made at a fair, flea market, festival, or carnival is not considered an “occasional sale” and sales tax must be paid on any sale at any of these venues regardless of the number of sales. Each of the

three or less occasions must be started and finished within 30 days. For example, an MG group which sells

500 cookbooks within 30 days could consider that as one of its occasional sales during a year. If an MG

group sells its 500 cookbooks over the course of a calendar year, then that is not considered an occasional sale and sales tax must be paid.

 

Note:  Currently there are some sales tax proposals  before the General Assembly that might be voted into law and become effective July 1, 2004. One proposal would eliminate ALL occasional sales from sales tax exemptions. Another proposal would INCREASE the number of occasional sales allowed to

nonprofit organizations. I would suggest that anyone interested call the Department of  Taxation sometime

this spring to verify whether the number has changed.

 

 

IV Resources

 

Anyone needing guidance or clarification on this issue can call:

 

Virginia Department of Taxation

Office of Tax Policy

Nonprofit Service Division

804-377-3712       (NOT a toll free number)

 

The Department of Taxation website is not very helpful but the Code of Virginia and the Virginia Tax Administrative Code sites have all the regulations which can be downloaded.

 Here are some sites that you might like to check out concerning Virginia Tax Codes of interest:

Nonprofit organizations; criteria for exemption

Nonprofit organizations; exempt transactions

Nonprofit organizations; purchases for resale; intercompany sales and transfers; occasional sale; change of organization or operations; misuse of exemption certificates

Occasional sale

Miscellaneous exemptions