6/7/2023
Indiana has amended the sales threshold for sales by a nonprofit in Senate Enrolled Act (SEA) 417 (2023). Previously, Indiana exempted tangible personal property sales not exceeding a threshold of $20,000 in a calendar year when used to further the qualified nonprofit purposes of an organization. The $20,000 per year threshold has been increased to $100,000 in either the current or previous calendar year. The new amount threshold applies to all qualified nonprofits other than certain religious organizations, Indiana public schools, and agricultural youth organizations.
The relevant changes may be found here.
