New Tax Law Impacts Some Charitable Giving
Kentucky House Bill 487 is now in effect. We want to make you aware
of the changes it brings to Kentucky sales taxes in relation to 501(c)(3)
nonprofit organizations and fundraisers.
As of July 1, 2018, all Kentucky 501(c)(3) nonprofit organizations are
required to collect a 6 percent sales tax to the price of silent and live
auction items that include a tangible item. Packages that contain only
gift certificates are excluded. The tax will apply to the full price paid,
even if the value of the item is lower than what is paid at the auction.
Tax will not be applied to any raffle items, the Golden Ticket or
donations including our TLC Fund.
We appreciate your continued support of the Kentucky Humane
Society and our lifesaving work!
If you have any questions about these new requirements, we invite you
to contact your legislators or visit TaxAnswers.KY.gov. Thank you again
for your continued partnership and support.
Vice President of Outreach