The Department of Revenue is developing guidance to clarify which new services will be subject to retail sales tax. There had been concerns about taxing tuition and other vital revenue sources for schools. However, these concerns have been addressed. WFIS has received confirmation from the staff responsible for drafting the bill and from the Department of Revenue that tuition to schools will not be subject to retail sales tax.
That said, live presentations of higher education offered to the community outside of regular school days may be subject to tax. This could also apply to live presentations hosted by K-12 schools for parents or staff members.
WFIS is grateful to all CFOs, Heads of School, and accounting firms who contacted us about this issue. Your feedback was valuable in helping us advocate for schools’ needs and shape the guidance language.
Please continue to keep in touch with us if you have any concerns or questions!
