
Lawmakers pass tax cleanup bill late Wednesday night
The Kentucky Nonprofit Network released the following statement on the bill's passage.
The Kentucky Nonprofit Network released the following statement on the bill's passage.
“You know, when you open up the tax code, wonderful things can happen and awful things can happen,” said Danielle Clore, the CEO of Kentucky Nonprofit Network, whose organization supports all three bills.
According to Danielle Clore, Kentucky Nonprofit Network executive director, organizations are having to spend time and money trying to understand the new laws, determine how the changes affect them and adjust their business practices to comply....
Nonprofits around Kentucky are still trying to figure out exactly how the law applies to them, said Danielle Clore, executive director of the Kentucky Nonprofit Network. The new tax law was approved by the legislature in the spring.
“If I were involved with a nonprofit, I would communicate with my legislators,” Richards said. “I just think it’s wrong to charge a sales tax on nonprofits.”
Among the others who echoed DeWitt's concerns were Eileen Arnold with the Tundra Women’s Coalition, Buck Bukowski of the Veterans of Foreign Wars, and Mike Walsh of The Foraker Group.
“Tax reform should not be achieved at the expense of nonprofits, many of which struggle to meet the needs of the communities they serve.
The potential legislative removal of the nonprofit sales tax refund will likely be a top concern at the meeting organized by WNC Nonprofit Pathways, a collaboration of funders investing in area organizations to increase their impact.