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Post by airraider on Apr 4, 2016 17:24:30 GMT -6
Louisiana just passed a sales tax measure...
starting immediately, until July 1st all sporting events will be subject to 5% sales tax.
After July 1st it moves to 3%.
Does any other states do this?
Financially this is not a killer, but the premise really opens the door to unwanted insertion by our government.
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Post by dytmook on Apr 4, 2016 17:38:30 GMT -6
Seems like schools would get non profit status. I would just under report ticket sales, seems like it would be difficult to track and enforce.
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Post by morris on Apr 4, 2016 17:42:23 GMT -6
Seems like schools would get non profit status. I would just under report ticket sales, seems like it would be difficult to track and enforce. That's a good way to get yourself in trouble. I know if we did this in KY it would be a royal pita. The question is do the schools up the cost of the ticket or do they keep the ticket price the same and take the sales tax out of the ticket price. |
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Post by dytmook on Apr 4, 2016 17:56:15 GMT -6
It would, but I just find it hard to see how they would enforce it. I probably wouldn't cheat it, but I can say many would.
And I think this one gets passed on directly to the consumer. Though it would create a strange circle of money since a lot of schools get money from the state for their operations. Not to mention in Ohio it would be crappy since a lot of schools are already doing pay for play.
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Post by airraider on Apr 4, 2016 18:01:50 GMT -6
One guy on the radio today said they talked about posting a sign that said $7 admission or $6 donation to enter...
We have always been non-profit...
The budget hole we are in right now has caused them to tax so many things that were previously tax exempt.
We personally are going to just up our ticket prices by .50 for regular season games.
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Post by silkyice on Apr 4, 2016 18:24:25 GMT -6
Louisiana just passed a sales tax measure... starting immediately, until July 1st all sporting events will be subject to 5% sales tax. After July 1st it moves to 3%. Does any other states do this? Financially this is not a killer, but the premise really opens the door to unwanted insertion by our government. The tax drops from 5% to 3%? Just seems odd. |
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Post by silkyice on Apr 4, 2016 18:27:36 GMT -6
One guy on the radio today said they talked about posting a sign that said $7 admission or $6 donation to enter.... And that seems odd also since they will make $6.67 on $7 with 5% tax. |
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Post by airraider on Apr 4, 2016 19:17:00 GMT -6
One guy on the radio today said they talked about posting a sign that said $7 admission or $6 donation to enter.... And that seems odd also since they will make $6.67 on $7 with 5% tax. I agree... I think they are currently charging $6... It sounded like he felt like they could pay the $7 if they wanted, but most would just give the "donation" instead of paying the extra dollar. I think one of the biggest issues is the extra accounting being added to an already busy book keeper at the schools. I know our lady is always busy when I need something... I hate to bother her... so this will just add to that. The guy in the interview is from a school that has a well established baseball team with a great fan base. If you kick the admission up to accommodate for the tax, they will probably gladly pay it. My program on the other hand struggle some nights to pay the officials. We have had some good gates this year based on who we played. But, that extra dollar may make some people decide to stay at home out of principle. |
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Post by airraider on Apr 4, 2016 19:19:01 GMT -6
Louisiana just passed a sales tax measure... starting immediately, until July 1st all sporting events will be subject to 5% sales tax. After July 1st it moves to 3%. Does any other states do this? Financially this is not a killer, but the premise really opens the door to unwanted insertion by our government. The tax drops from 5% to 3%? Just seems odd. I think they did 5% for the remainder of this year to try to recoup some money that they are not getting with the 3% based on it only being 3 months from this year... I think 3% is the magic number... but they just decided to kick it up for the remainder of the fiscal year. |
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Post by utchuckd on Apr 5, 2016 5:47:47 GMT -6
Good luck on it staying at 3%.
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Post by airraider on Apr 5, 2016 6:34:24 GMT -6
Good luck on it staying at 3%. This is supposedly just temporary until we can dig the state out... but we all know how that goes. They are also taxing college sporting events. They will make a good bit off of LSU games. |
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Post by 60zgo on Apr 5, 2016 10:37:12 GMT -6
Good luck on it staying at 3%. This is supposedly just temporary until we can dig the state out... but we all know how that goes. They are also taxing college sporting events. They will make a good bit off of LSU games. Forget about this year... How are they going to close the budget gap for next year? Some districts are already enacting hiring freezes in anticipation of an MFP hit. |
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Post by wingtballcoach on Apr 5, 2016 21:53:39 GMT -6
First time I heard of this. Air raider do you have a link? I tried to find information on the legislature's website, but came up empty.
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Post by airraider on Apr 6, 2016 19:54:13 GMT -6
First time I heard of this. Air raider do you have a link? I tried to find information on the legislature's website, but came up empty. Its in this document here. page 9 A state rep said they were given this and said to have had about 5 minutes to "look" over it before having to sign it. revenue.louisiana.gov/Publications/R-1002A%203-29-16.pdf |
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Post by 60zgo on Apr 7, 2016 14:03:53 GMT -6
First time I heard of this. Air raider do you have a link? I tried to find information on the legislature's website, but came up empty. Its in this document here. page 9 A state rep said they were given this and said to have had about 5 minutes to "look" over it before having to sign it. revenue.louisiana.gov/Publications/R-1002A%203-29-16.pdfI wonder how many schools are aware of this? |
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Post by airraider on Apr 7, 2016 20:28:52 GMT -6
I wonder how many schools are aware of this? I have heard of several districts getting together to determine whether or not they would raise ticket prices for the remainder of the year. Very little in the media about it for sure. |
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Post by wingtballcoach on Apr 7, 2016 21:44:20 GMT -6
Wow! Truly a shame that we are having to tax a high school game. We are slowly making it where the average family will not be able to attend a game on a Friday night in Louisiana.
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Post by coachklee on Apr 8, 2016 3:38:36 GMT -6
That's BS!
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