Department Tax Information

Sales Tax:
Even though organized as a not for profit, Duke is required to collect and remit sales tax on certain items sold. Refer to GAP 200.230, Sales and Use Tax for details.
Payments Over $10,000:
The Internal Revenue Service tracks cash payments over $10,000 made in the ordinary course of business. A separate IRS filing is required when Duke receives such a payment.
Length of Service Awards:
This section discusses and reviews taxability of retirement gifts.
Unclaimed Property:
Unclaimed property held by Duke University is generally in the form of outstanding vendor checks, payroll checks, and student refunds. This section explains how Duke handles these situations.
Unrelated Business Income:
Unrelated business income is income from a trade or business not substantially related to the performance of the organization, its exempt purpose, or function.