Hello,
I am PTO Co-President at Bashaw Elementary School (Bradenton, FL) this year. We would like to sell logo uniform shirts to our parents. Now, they can purchase it from an outside company, but we have the option of getting it at cost, and making the profit ourselves, in return benefitting our school and kids.
Are there any FL regulations for something like this, I know other schools are doing it, but unfortunately we had some opposition at our vote, so we need to cover every aspect.
Thanks for your help.
Sincerely,
Noemi Szilagyi
1 Answer from Attorneys
Sales tax is a potential issue. FL Regs give a PTO two options for this case: 1.) Register as a dealer and obtain a certificate. PTO pays no sales tax to the supplier but must collect and remit sales tax on the subsequent sales.; or 2.) Pay the sales tax to supplier on fund raising merchandise ordered. PTO is then not required to collect sales tax on subsequent sales.
This only gives info on potential sales tax implications. Without more information I am not sure what non-tax issues may be present.
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