Nebraska Reminds Taxpayers to Collect Tax at Craft Fairs

Wednesday, March 26th, 2014

 
 
Share
Link
Nebraska
General

The Nebraska Department of Revenue recently issued a reminder that sales tax applies to sales made at craft fairs and similar events.

Persons selling tangible personal property at craft fairs, art shows, flea markets, trade shows, and similar events must collect tax on sales. It does not matter if the Internal Revenue Service considers the seller's activity to be a hobby or a recreational activity. Unless the seller only sells exempt items such as fruits, vegetables, or bakery items, the seller must get a sales tax permit and collect sales tax.

These sellers must separately state the charge for sales tax on their receipts. Sellers are generally not allowed to advertise or imply that they will assume or absorb the sales tax or that they will not add the tax to the selling price. There are limited exceptions to this rule for sales of prepared food or admissions.

http://www.revenue.nebraska.gov/news_rel/mar_14/Sales_Tax_Craft_Fairs_3-20-2014.pdf


About TTR

Transaction (buying or selling things), Tax (the tax on this activity), Resources (our people, our website, our support services) - TTR, Inc.

TTR has a website that companies subscribe to and use daily. This website provides a list of everything that can be bought or sold in the U.S. It provides simple answers to whether buying or selling these items is taxable (subject to a sales tax or other tax), and it provides all the legal authority to support these tax answers.

TTR likes to keep things simple and fun, which is why it has great people who provide help to clients on any support questions they have about transaction tax issues.

Please visit TTR on the web at www.ttrus.com or call 866.578.8193.

Maryland Sales Tax Holiday for Energy Efficient...

Friday, February 16th, 2018 -The Maryland sales tax holiday for energy efficient appliances runs from Saturday, February 17, 2018, at 12:01...

Dental Prostheses Exempt in Michigan

Wednesday, February 14th, 2018 -The Michigan Department of Treasury recently released a publication describing the retroactive exemption for d...

Taxability of Amusement Devices and Video Games in...

Monday, February 12th, 2018 -The Wisconsin Department of Revenue has released guidance addressing the taxability of video games and amuseme...

Video Streaming Subscriptions Taxable in Texas

Friday, February 9th, 2018 -The Texas Comptroller of Public Accounts recently ruled that video streaming and add-on services are taxable a...

Moratorium on Medical Devise Excise Tax Extended Two More...

Wednesday, February 7th, 2018 -The United States Congress extended the moratorium on the Medical Device Excise Tax (MDET) for another two yea...

2018 Colorado Sales Tax Rounding Change

Monday, February 5th, 2018 -The Colorado Department of Revenue has released guidance explaining new rounding rules for sales tax returns f...