Loading...
HomeMy WebLinkAboutTax Exempt StatusShelley Bellm From: Lynne Campbell Sent: Wednesday, December 04, 2013 9:26 AM To: Judy Camp; Shelley Bellm; Martin Haeberle Cc: Carolyn Godfrey; David Rhoades Subject: RE: Vail Valley Foundation Exemption from Construction Use Tax uNo.' II' +'C� ,.ro:I�utruiti -ir�a Diu ?uH�e�JiVk „ouuGiu; fN,gdk:G; mV„ieevo11,lou,�' From: Judy Camp Sent: Wednesday, December 04, 2013 8:57 AM To: Lynne Campbell; Shelley Bellm; Martin Haeberle Cc: Stan Zemler; Matt Mire Contact; Tammy Nagel; George Ruther; Sally Lorton; Gary Hartley; Kathleen Halloran Subject: Vail Valley Foundation Exemption from Construction Use Tax As discussed yesterday, Matt and I have determined the VVF is an exempt organization as defined in the construction use tax ordinance as follows: From the Town Code 2 -8 -5: EXEMPTIONS: The following are exempt from the use tax imposed by this chapter, provided that the list of exemptions cannot be increased by implication or similarity, and the burden of proof is upon the taxpayer to establish an exemption: C. The use or consumption of construction and building materials by the federal government, the state or its institutions or political subdivisions in their governmental capacities, or by religious or charitable corporations in the conduct of their regular religious or charitable functions; Vail Valley Foundation On December 3, 2013, the Vail Valley Foundation requested exemption from the town's construction use tax and submitted the following documentation of their status as a charitable organization: IRS determination letter confirming 501 ( c ) ( 03 ) status and Colorado state tax exemption certificate. The request was reviewed by Town Attorney Matt Mire and Finance Director Judy Camp who determined the Vail Valley Foundation is exempt from the construction use tax based on the exemption cited above. The IRS determination letter and Colorado exemption certificate are attached for your files. Please use this as your authorization to not charge construction use tax on building permits issued to the Vail Valley Foundation. Judy G. Camp, CPA Finance Director Chief Administrative Officer 970.479.2119 vailgov.com twitter.com /vailgov IQ IRS Department of the Treasury Internal Revenue Service In reply refer to: 0248222395 CINCINNATI OH 45999 -0038 Dec. 02, 2013 LTR 4168C 0 74- 2215035 000000 00 00020145 BODC: TE VAIL VALLEY FOUNDATION INC PO BOX 309 VAIL CO 81658 ti- 021027 Employer Identification Number: 74- 2215035 Person to Contact: MISS CONVERSE Toll Free Telephone Number: 1- 877 - 829 -5500 Dear Taxpayer: This is in response to your Nov. 20, 2013, request for information regarding your tax - exempt status. Our records indicate that you were recognized as exempt under section 501(c)(03) of the Internal Revenue Code in a determination letter issued in March 1982. Our records also indicate that you are not a private foundation within the meaning of section 509(a) of the Code because you are described in section 509(a)(2). Donors may deduct contributions to you as provided in section 170 of the Code. Bequests, legacies, devises, transfers, or gifts to you or for your use are deductible for Federal estate and gift tax purposes if they meet the applicable provisions of sections 2055, 2106, and 2522 of the Code. Please refer to our website www.irs.gov /eo for information regarding filing requirements. Specifically, section 6033(j) of the Code provides that failure to file an annual information return for three consecutive years results in revocation of tax - exempt status as of the filing due date of the third return for organizations required to file. We will publish a list of organizations whose tax - exempt status was revoked under section 6033(j) of the Code on our website beginning in early 2011. 0248222395 Dec. 02, 2013 LTR 4168C 0 74- 2215035 000000 00 00020146 VAIL VALLEY FOUNDATION INC PO BOX 309 VAIL CO 81658 If you have any questions, please call us at the telephone number shown in the heading of this letter. Sincerely yours, Richard McKee, Department Manager Accounts Management Operations COLORADO DEPARTMENT OF REVENUE /D/ %� ✓ 1 /! ✓arrr?rrer ruoxir Nraa7ilY Htularf' Kg r DENVER CO 80281 -0013 '1 ,,;'!r' I ✓i�� ON L Y CERTIFICATE OF EXEMPTION FOR�COLORADO STOAT ✓SS�Ur,��✓ USE ACCOUNT NUMBER LiAb THIS LICENSE IS for all references NOT TRANSFERABLE 98-06167-0000 44 003 `'' 1 90 BENCHMARK RD STE AVON CO yV,l U� i ✓� ✓�t� �o��� / / ✓,,,fr, r u un r rn r r u r nm r w � n m � um �� �✓ ✓✓ i � � G ✓ 1 /d� ��% ( >l9 �/ �/ �✓ ✓ r 1/ artnVjV j VAIL VALLEY FOUNDTN - q" %1, %; ✓ /;�';�,,� %� %;r;', ��u�,��% ""��Jd ✓ " ✓� ✓ ✓i % % /1 / / /j ✓�jj%��fi� %�j�i� rrn�mr�raa�f �/r� VAIL VALLEY F 0 U ND T N �4t ✓ ✓�;, ✓ „�,i� Myr'�`'�' PO BOX 309°1� VAIL CO 81658 -0309 ° Executive Director Department of Revenue NEW AUTOMATED SERVICES FOR AND ABOUT BUSINESSES The Colorado Department of Revenue Sales Tax Information System provides the following automated services: • Colorado Sales Tax Rates - find specific city, county and special district rates. • Verification of Sales Tax License Exemption Numbers - determine whether a Colorado sales tax license or exemption certificate is valid. • Tax Rates by Account Number - find sales tax rates and locations for specific sales tax accounts. These services make it possible for taxpayers to help themselves to information 24 hours a day - without requiring the assistance of a customer service representative. In this way, more complicated or confidential tax information inquiries can be reserved for speaking to a live agent. Listen and look for these services on the department's business tax information phone line at 303 -238 -FAST (3278) for specific account information, 303- 238 -SERV (7378) for general information or the DOR Web site at www.taxcolorado.com Web users can try the new system online at www.taxview.state.co.us We are interested in your comments about the system. You can send us an e-mail with your comments through our Department of Revenue Web site.