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To: pigdog
Full of beans? From your quote:
Taxable property and services purchased by a qualified not-for-profit organization "for business purposes" are not taxable. The organization must present its qualification certificate to the seller when making a purchase in order for the sale to be tax exempt. If a religious organization or qualified not-for-profit provides taxable property or services in connection with contributions, dues or other payments to the organization, then it is required to treat the provision of the taxable property or services as a taxable purchase at the fair market value of the taxable property or services.

In other words, purchases for business purposes are tax exempt and sales to consumers are taxable, e.g., a church selling Bibles. The church pays no tax when it purchases the Bibles but it must collect sales tax when it sells the Bibles. The church is likewise responsible for remitting the tax to the state sales tax authority.

This is exactly the way I said would be. If they were buying stuff for resale they wouldn't pay the tax on the purchase but would charge it on the sale. If they weren't buying stuff for resale, they would pay the tax.
57 posted on 10/10/2005 11:05:42 AM PDT by Your Nightmare
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To: Your Nightmare

Yes, absolutely ... full of beans. Almost everything you claimed in your post #22 to be taxable for a church IS NOT!!! That's certainly more beans than anyone cares to count.

As with a business, if a church buys bibles at retail and usess its registration certificate to not pay the FairTax and then resells them, the end purchaser of the bible will be taxed. But to my knowledge, that is an exceedingly rare thing on the part of a church and it would be far more likely that they would ask their members for donations to pay for the bibles and give them away or that that a church-owned printing company would print them for distribution by the church.

In any event almost everything you and Looey claim to be taxable ... ISN'T. Some people call that lying - I'm merely saying you're full of beans.

And, no, that ISN'T exactly the way you said it wopuld be ... quite the oppposite in fact.


67 posted on 10/10/2005 12:29:24 PM PDT by pigdog
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