Data processing is a service performed with a computer using the customer’s data. Entering, storing, manipulating, or retrieving a customer’s data is taxable. But merely using the computer as a tool to help perform a professional service is not taxable. Taxable Services We’ve prepared a partial list of taxable data processing services. This will give…
In our last blog we discussed the rules regarding tax exempt purchases by and to tax exempt organizations. When it come to collecting sales tax, tax exempt organizations are required to collect and remit sales tax for all taxable items sold. A sales tax exemption is for purchases and does not cover sales. As with…
TEXAS: Navigating through the tax-exempt organization landscape can be confusing and daunting. Over the next few blogs we will look at different aspects of the tax-exempt scenario. This segment will focus on purchases and sales by tax exempt organizations. Tax-Exempt Purchases: Organizations that have been granted tax exemption will receive a letter of sales tax…
TEXAS: Over the next few blogs we will take look at Sales to and Purchases by Tax-Exempt Organizations. For an organization to be granted exemption from paying state sales taxes, there are criteria that must be met. The parent organization must recognize the organization as a subordinate under the group exemption. The group exemption meets…
