Tanning Services Excise Tax - YouTube video text script

HERE’S A TIP FROM THE I-R-S.

HI… I’M JODI… AND I WORK FOR THE INTERNAL REVENUE SERVICE.

IF YOUR BUSINESS OFFERS ULTRAVIOLET TANNING SERVICES… MARK JULY 1ST 2010 ON YOUR CALENDAR.

THAT’S WHEN THE U-V TANNING INDUSTRY MUST CHARGE A 10 PERCENT EXCISE TAX ON THE AMOUNT CUSTOMERS PAY FOR TANNING SERVICES.

THE 10 PERCENT TAX DOES NOT APPLY TO NON-U-V SERVICES… SUCH AS SPRAY-ON TANS. 

NOR DOES IT APPLY TO ANY PHOTOTHERAPY SERVICE PERFORMED BY A LICENSED MEDICAL PROFESSIONAL.

SO IF YOU OFFER U-V TANNING SERVICES… STARTING ON JULY 1ST 2010… COLLECT AN EXCISE TAX EQUAL TO 10 PERCENT OF THE AMOUNT PAID FOR THE SERVICES.

AND REPORT AND PAY THE TAX QUARTERLY.

FIND OUT MORE ON I-R-S-DOT-GOV.