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Returning Member
posted Mar 8, 2021 6:34:11 AM

If I donate to a radio ministry and receive a book in return, is it subject to my state sales tax?

And if so, what part is taxable- the fair market value of the book?

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1 Replies
Expert Alumni
Mar 8, 2021 8:24:04 AM

No, the book is not subject to your state sales tax.

 

Only purchases are subject to sales tax - you didn't purchase the book. You made a charitable contribution and the donee sent you a gift to show  their appreciation for the donation.