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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/coinlaundry/public_html/coinlaundryassociation/planetlaundry/wp-includes/functions.php on line 6114Imagine having to hand over 7.5 percent of your gross sales to your state government – without being able to recoup this tax from your customers.<\/p>\n
That’s the dire possibility self-service laundry owners in Nebraska are currently facing.<\/p>\n
Like most states, Nebraska exempts vended laundries from collecting sales tax. However, various competing tax reform bills have been introduced to the Nebraska legislature, which would broaden the sales tax base to include presently exempt industries – including self-serve laundry.<\/p>\n
In particular, LB452 and LB563 would eliminate the laundry exemption. This could mean that all laundry owners would be required to remit 7.5 percent of their gross sales to the state each year, costing the average store operator approximately $7,500 to $15,000 per year.<\/p>\n
As with most states, these bills are aimed at broadening the sales tax base by eliminating all of the exemptions on a wholesale basis – as opposed to singling out laundromats. The net effect is the same, with laundry owners having to pay what amounts to be a gross receipts tax.<\/p>\n