Act 160, the omnibus tax bill signed into law last spring (May, 2010) contains language that will require those of you that sell $50,000 or more in tickets to performances this year to charge a 6% sales tax on tickets to your events starting this April 1st.
We still do not have accurate numbers from all of you about what impact this will have on Vermont revenues. Furthermore, there have been questions from various sources about what impact this would have if this tax applied to ALL performing arts organizations that sold tickets (ie., eliminating the threshold of $50,000).
Therefore, REGARDLESS of whether you believe this law will apply to you starting in April, WILL ALL OF YOU PLEASE fill out our incredibly brief questionnaire on the subject, by clicking HERE?
If you filled out a similar survey we sent out last spring, please fill it out again--you probably have more accurate numbers to report anyway...
And, since my most recent post commenting on Doug Hoffer's fine report commissioned by Melinda Moulton ran without Artmail, please scroll down...
Thank you!
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2 comments:
There needs to be a quantification of how much both performing and fine arts contribute to the state's economy. It also needs to consider how much those arts have a spill over effect -- like increases in restaurant and motel room sales that can be attributed to craft fairs and concerts.
The quantification is, according to Doug Hoffer, an estimated $19.5 million.
See my last post!
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