Can a department reimburse employees for taxes on business-related purchases paid by the employee with personal funds?
Yes, if charged to the appropriate project and is approved by the department or college. It is up to the...
- Home
- Sales tax exemption
-
-
Can departments use state or federal funds to pay sales tax on employee reimbursements?
Yes, sales tax is reimbursable on any funding source. There are no restrictions. Read more: University Controller’s Website, Tax FAQs -
How can a college/department ensure that methods of payment to suppliers result in an efficient use of funds?
Colleges and departments should review their methods of payments to suppliers and reduce as much as possible payments that are... -
How can purchases for food or supplies be exempt from sales tax?
For purchases of foods or supplies to be exempt from sales tax, payment must be made with either an NC... -
If an employee makes a business related purchase using personal funds, will that purchase be exempt from tax?
No. Purchases of taxable items by employees, which are reimbursed by NC State, are not eligible for sales and use... -
In what states does NC State University have sales tax exemption?
Some states offer sales tax exemption reciprocity, in which case sales tax should not be paid. A list of states... -
Should NC State pay sales tax if it’s charged on invoices for goods received after 6/30/2004?
No. Tax should not be paid on invoices for goods purchased or received after 6/30/2004. Read more: University Controller’s Office,... -
What does the sales tax exemption mean to NC State University?
The sales tax exemption means that all payments made to suppliers using a University check (written on any checking account... -
What happens if NC State University mistakenly pays sales tax on purchases?
If the University mistakenly pays sales tax, the department must work with the supplier to be issued a refund. The... -
Why are payments for reimbursement to employees and other individuals not tax exempt?
The state law applies only to payments made directly by the University to suppliers. Reimbursement to employees and other individuals...