Bloomington Indiana Food And Beverage Tax

The indiana department of revenue dor provides the food and beverage tax rates for each county or municipality in the table below.

Bloomington indiana food and beverage tax. Effective march 1 2020 businesses that furnish prepare or serve any food and or beverages within greenwood are required to implement a 1 food and beverage fab tax. It will be a 1 percent tax on prepared foods and beverages to fund the expansion of the bloomington convention center. Businesses that facilitate the sale of food and beverages must also register to collect food and beverage tax in all adopting jurisdictions from which they pick up the food and beverages. But bloomington s city council has already appropriated 6 250 000 of the food and beverage tax money.

Monroe county commissioners are asking for their portion of the food and beverage tax to help locally owned businesses outside bloomington city limits hurting from the coronavirus pandemic. In separate actions over the last week bloomington and monroe county elected officials have taken steps towards appropriating 2 2 million of that money for relief of businesses impacted by the covid 19 pandemic. The official website of monroe county indiana. Bloomington currently has about 5 million of unexpended funds in its share of the food and beverage tax.

You may also contact your. A in order to coordinate and assist efforts of the county and city fiscal bodies regarding the utilization of food and beverage tax receipts an advisory commission shall be established and composed of the following individuals. Dozens of signs were waved six people stormed out of the room and the debate lasted five hours but monroe county has officially adopted a food and beverage tax. Greenwood fab tax is paid through the state of indiana.

Ic 6 9 41 16 advisory commission. A local food and beverage tax rate in indiana is typically 1 of the gross retail income received from taxable food and beverage transactions however when both a county and a municipality located within that county have imposed a food and beverage tax the rate is 2 in the municipality. The monroe county board of commissioners and bloomington mayor john hamilton have appointed three restaurateur merchant members to the seven member monroe county food and beverage tax advisory commission indiana code 6 9 41 16 stipulates the appointment of three members representing food and beverage retail facilities subject to the tax.