Today we are giving a big shout-out to Juneau nonprofits for their strong voices as they stood together to protect the essential work all nonprofits offer in communities across Alaska. We are proud to stand beside them and lend our voice to their effort. After many hours, over many meetings, the Assembly of the City and Borough of Juneau tabled an ordinance that would have placed a sales tax on items sold by nonprofits, both those that were mission-related and those that are considered by the IRS to be unrelated business income. Foraker’s position is clear and aligns with the IRS that unrelated business income is subject to tax, and any sales tax effort should use that same system. Strong yearly mechanisms are in place to determine unrelated business income… Read more »
