Tax Compliance FAQs
What is the definition of a "stipend payment"?
A stipend payment from 澳门六合彩预测 is a financial aid award for a currently enrolled 澳门六合彩预测 student for which no work is required.
For which states does 澳门六合彩预测 have sales tax exemption certificates?
Currently 澳门六合彩预测 has exemption certificates for state sales tax in Florida, New Mexico, New York, Tennessee and Texas. These may be used for supply purchases for 澳门六合彩预测 business.
Copies of the Certificates may be obtained from the Sales Tax Exemptions section.
What is the rate of reimbursement for mileage?Beginning on January 1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
- 67 cents per mile driven for business use, up 1.5 cents from 2023.
- 21 cents per mile driven for medical or moving purposes for qualified active-duty members of the Armed Forces, a decrease of 1 cent from 2023.
- 14 cents per mile driven in service of charitable organizations, the rate is set by statute and remains unchanged from 2023.
Under what circumstances would 澳门六合彩预测 pay sales tax?
If 澳门六合彩预测 is renting equipment and its employees operate the equipment, the University issues an exemption certificate and does not pay sales tax. If the University rents the equipment with an operator, it has to pay sales tax.
Does the Texas Hotel Occupancy Tax Exemption Certificate exempt 澳门六合彩预测 travelers from all hotel taxes?
No. The exemption is valid only in the state of Texas and only for the state portion of the hotel tax. The traveler must still pay for the city, county and any other portions of the hotel occupancy tax.
Do 澳门六合彩预测 travelers have to pay sales tax on meals when traveling on University business?
Yes.
Do 澳门六合彩预测 travelers have to pay sales tax on purchases for business purposes in Texas?
No. 澳门六合彩预测 business travelers may use 澳门六合彩预测’s tax exemption certificate when purchasing supplies for business. Examples include calculators, note pads, pens, and pencils.