Archive: Tax

  • Non-Reportable Supplier Payments

    Non-reportable payments are either: substantiated business expense reimbursements that meet the University Accountable Plan rules, or non-Service stipend payments to U.S. citizen students. If

    Category: Tax

  • Tax Department Contact Information

    Office: 2121 Wisconsin Avenue, NW, Suite 400 Washington, DC 20007  Mailing: 37th & O Streets, NW, Box 571173  Washington, DC 20057-1173  Email: taxdepartment@georgetown.edu Fax: 202-687-5758

    Category: Tax

  • Value Added Tax (VAT)

    VAT is a tax charged by most members of the European Economic Community (EEC), and Canada. VAT varies by country and type of expense. VAT variations range from 3% to 25%. The average VAT rate is 15%.

    Category: Tax

  • Unrelated Business Income

    Before entering into revenue generating agreements please review Financial Affairs Policy FA 157. As a 501(c)(3) organization, Georgetown University is generally exempt from income tax.  However,

    Category: Tax

  • Worker Classification

    If the University classifies an employee as an independent contractor without a reasonable basis for doing so, the University may be held liable for employment taxes for that worker by the Internal R

    Category: Tax

  • University Tax Documents

      Federal University Tax Documents IRS 501(c)(3) LetterIRS Form W-9IRS Letter 147cIRS Form 6166 Certification of U.S. Tax Residency (Tax Year 2019)Certification Regarding Federal Felony and Federal T

    Category: Tax

  • Tax Department

      Quick Links Supplier Set-upSales TaxTax DocumentsTax PoliciesTax ReportingNon-US TaxValue Added Tax   Our Mission The mission of the Tax Department is to guide the University in matters of inte

    Category: Tax

  • Supplier / Payee Setup

    Please make sure that a Supplier ID has not already been issued prior to registering. If your request is not represented by one of the icons below please use the Supplier Request Form or e-mail taxde

    Category: Tax

  • Federal Tax and Reimbursement Rates

    Social Security Tax  For 2020:The social security tax rate is 6.2% The social security wage base limit is $137,700 Medicare Tax For 2020:The Medicare tax rate is 1.45%.There is no wage base

    Category: Tax

  • Types of Revenue

    Tuition and Student Revenue The process by which students are assessed tuition and other fees related to matriculation, and the allocation of the associated revenue to the appropriate business uni

    Category: Tax