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.