Texas Discusses School Fundraising and Sales by School Organizations

The Texas Comptroller of Public Accounts has released a publication detailing the taxability of sales made by schools and school organizations. The publication states that “school districts, public schools, qualified exempt private schools and bona fide chapters within a qualifying school” are eligible to make tax free sales on two days each calendar year. The school and a qualifying chapter, such as a yearbook club, can make tax free sales on two days, which do not have to occur at the same time. For example, the school can make sales of merchandise on a day and the yearbook club can make sales of yearbooks on another, and each club will have one additional day to make tax free sales. The publication details the types of clubs and sales which would be subject to these rules and can be found on the website of the Texas Comptroller of Public Accounts. (Publication 94-183, Texas Comptroller of Public Accounts, July 2009)

Posted on September 2, 2009