Legal Question in Entertainment Law in Illinois
Sales Tax Question
Lets say a School purchases school shirts etc. and dont have to pay sales tax, and they resell it at a profit. Do they have to charge sales tax because they sold at a profit?
Asked on 3/17/07, 9:32 am
1 Answer from Attorneys
Peter LaSorsa
The Law Offices of Peter M. LaSorsa, P.C.
Re: Sales Tax Question
No not if they have not for profit status.............and profit is for charitable purpose right?
Answered on 3/18/07, 7:15 pm