Tax Services

The State of Arizona has updated AZ Form 5000 and AZ Form 5000A, which are provided to vendors when claiming sales tax exemptions for University purchases.

Financial Services is reviewing current fiscal year unrelated business income (UBI) activity. University revenue generating activity may be subject to Unrelated Business Income Tax (UBIT).

To create a better experience for our campus and external customers, Financial Services is conducting an audit of its network of websites.

Financial Services is reviewing current fiscal year unrelated business income (UBI) activity. The University of Arizona is exempt from federal income tax as an integral part of the State of Arizona when revenue is generated from activities that are substantially related to the University’s exempt purposes which include research and discovery, teaching and learning, and outreach and public service.

Financial Services would like to share tax savings news for University departments that qualify to make tax exempt purchases of machinery or equipment used in research and development (R&D) as that term is defined by the State. The statutes (A.R.S. § 42-5061(B)(14) and A.R.S. § 42-5159(B)(14)) read as follows:

Financial Services has updated the Independent Contractor Form in support of Policy 9.12 Independent Contractor Services. The form can now be completed, signed, and submitted electronically. It should be completed prior to any services being performed.

Financial Services and Research, Discovery & Innovation are now accepting applications for the twelfth cohort of the Financial Administrator Series (FAS) to be held in calendar year 2020.

As previously announced in late September, Financial Services is remodeling our space in the University Services Building (USB) rooms 402 and 502.

Financial Services is remodeling our space in the University Service Building (USB) rooms 402 and 502 starting October 1 through early December.

In November 2017, Tucson resident voters approved a tenth of a percent increase to the City of Tucson sales tax rate.