TO: ASB TreasurersASB Directors/Primary AdvisorsFR: Gina Zeutenhorst, Accounting ManagerPhone number: (425) 339 – 4653 Fax number: (425) 339 - 4324DA: Monday, January 10, 2000RE: Fundraising Activities/New Sales Tax RegulationsIn December 1999, the Department of Revenue issued Excise Tax Advisory 2004.04/08.167 on Fundraising Activities of Public Schools and Associated Student Body Groups.
In short, this
means when you purchase goods for re-sale in an ASB fundraising activity, you no longer have to paysales tax on those purchases.
The exemption does not apply if the ASB group
makes a purchase as a...
Allowed
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