Cincinnati Reds Bobbleheads Up for Tax Debate

On February 21, 2018, the Ohio Supreme Court said it would hear arguments from the Cincinnati Reds and Tax Commissioner of Ohio, Joseph Testa, as to whether the team has been giving away, or selling for consideration, bobbleheads with ticket purchases. The outcome will determine whether the Reds will be responsible for back sales and use taxes for years 2008-10, which amount to $88,000. Current tax law in Ohio allows items purchased for resale to be exempt from sales and use tax. The Reds had…
Continue reading...