Articles (8)

106 - University of North Carolina at Chapel Hill Policy on Gifts of Honoraria, Consulting Fees, or Licensing Income

To provide tax ramifications related to the University faculty and EHRA non-faculty employees donating their honoraria or consulting fees to the University. To provide guidelines for accepting such gifts by the University, deductibility for tax purposes of such gifts by the University employee and to the proper accounting for such gifts within the University.

1270 - Policy on Employee Relocation Compensation

The University of North Carolina at Chapel Hill Policy on Employee Relocation Compensation governs the payment made to a new employee to offset the personal costs of relocating to work at the University. This policy has been revised and simplified based on legislation changes in the 2017 Tax Cuts and Jobs Act which reinstated personal moving expense reimbursements as taxable wages.

207 - University of North Carolina at Chapel Hill Policy on Fund Authority

To provide specific terms and conditions, accountability and fiscal responsibility for account established based on the underlying gift or contractual agreement, memorandum, correspondence or other supporting documentation.

601 - University of North Carolina at Chapel Hill Policy on Capital Assets

The UNC-Chapel Hill ("the University") Capital Assets policy is established to provide a guidance to the impacted campus community.

712 – University of North Carolina at Chapel Hill Policy on Unrelated Business Income

The University is required to file an Exempt Organization Business Income Tax Return (Form 990-T) with the Internal Revenue Service reporting any unrelated business income generated by the activities of its academic and support units.

712.1 – University of North Carolina at Chapel Hill Procedure on Reporting Unrelated Business Income

The University is required to file an Exempt Organization Business Income Tax Return (Form 990-T) with the Internal Revenue Service reporting any unrelated business income generated by the activities of its academic and support units.

720 – University of North Carolina at Chapel Hill Policy on NC Sales Tax on Tangible Personal Property

North Carolina General Statute 105-164 Article 5, "North Carolina Sales and Use Tax Act," requires The University of North Carolina at Chapel Hill ("University") to collect sales taxes on all sales of tangible personal property. This applies to all University colleges, departments and units that sell tangible personal property.

720.1 - University of North Carolina at Chapel Hill Procedure on Processing NC Sales Tax on Tangible Personal Property

North Carolina sales taxes on sales of tangible personal property are collected by a campus unit and remitted to the NC Department of Revenue (NCDOR) by University Accounting Services.