SALT Report 2719 – Recently enacted legislation in Mississippi creates a sales tax exemption for sales of tangible personal property made for the sole purpose of raising funds for a school or an organization affiliated with a school such as, a parent teacher organization or a booster club.
For purposes of the exemption a school is defined as any public or private school that teaches courses of instruction to students in any grade from Kindergarten through Grade 12. However, the exemption does not apply to the following:
- Private schools where the course of study is limited to specialized subjects such as dance, cooking, music, or sewing
- Sales to day cares or nurseries, and
- Sales made prior to July 1, 2013, even if the customer is billed after that date
This exemption is effective July 1, 2013.
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