Nonprofit 501c3 Ministry Small Business Wondering About Sales Tax on Faith-Based Magazine
I operate a 501(c)(3) nonprofit ministry in Colorado selling faith-based, educational magazines for teen girls to fund the ministry. We offer $90 annual subscriptions (6 issues) or $15 individual issues, mailed nationwide every other month. The CO Dept. of Revenue referenced CRS 39-26-718(7)(a). Do we need to collect and remit Colorado sales tax on these magazine sales (both subscriptions and individual issues), or are they exempt due to our nonprofit status and educational/religious content?
Quick Answer:
Based on Colorado sales tax law, specifically CRS 39-26-718(7)(a), sales by a charitable organization are exempt only if made in an "occasional
Note: This answer is provided for convenience only. It is important that you speak to a CPA about your individual tax situation.
