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Non-Profit Sales Tax Exemption

MEMO From:

Strang, Olsen & Lynch, CPAs, P.A. 103 West Marion Avenue Punta Gorda, FL  33950 (941) 639-0888 FAX: (941) 639-6296

TO:    Punta Gorda Isles Civic Association

DATE: February 16, 2005

RE:  Sales Tax Exemption

Your Consumer’s Certificate of Exemption (DR-14) entitles you to make purchases without paying sales tax only under the following circumstances:

  1. Member must present copy of Consumer’s Certificate of Exemption when making purchase.
  2. Purchase must be made for Civic Association use only, not for resale.
  3. Purchase must be made with Civic Association funds.
  4. Purchases made by members with personal funds to be reimbursed by the Civic Association are TAXABLE purchases, even if member presents copy of Certificate of Exemption.
  5. Only the Gift Shop may purchase items for resale using the Annual Resale Certificate (DR-13) issued to them.
  6. Continue to collect and pay sales tax on Gift Shop sales and taxable facility rentals.