University Property Sales Tax Report

University Property Sales Tax Report

Reporting Unit
Property Disposition
The University of Michigan Tax Report
Sales Tax Summary for February 2018

Reporting begins on Thursday March 1st, 2018 and ends on Saturday March 10th, 2018. Unsubmitted reports indicate that the unit did not have taxable sales during the period. Changes to this report after Saturday March 10th, 2018 must be made directly to the Tax Department.

SalesAmount
Gross Sales:134,050.35
Less: Taxes Included in Gross Sales:0.00
Taxable Gross Sales:42,695.83
Allowable DeductionsAmount
Sales for Resale:0.00
Sales to Industrial Processors or Agricultural Producers:0.00
Sales in Interstate Commerce:0.00
Sales to Federal or State Governmental or Political Subdivisions:0.00
Sales to Schools, Hospitals, and Other Qualified Nonprofit Organizations:91,354.52
Income from Nontaxable Labor or Nontaxable Services:0.00
Returned Goods:0.00
Other:0.00
Other Descr:
 - 
Total Allowable Deductions:91,354.52
Sales After Deductions:42,695.83
Net Taxable Sales: 42,695.83
Department Charge for February 2018
AccountFund CodeDepartment IDProgramClassProjectAmount
61535052000689030FACOT92320 2,561.75