Tax Compliance

General Overview:

Syracuse University is aware of the privileges and responsibilities conferred upon it through the federal and state income tax exemptions, its city property tax exemption and its ability to secure tax-exempt debt through New York State and local governments. Syracuse University is also aware of the strong support and confidence of taxpayers in general and by the University’s community. To this end, Syracuse University establishes high standards of compliance with respect to the applicable tax regulations.


Income:
Syracuse University is exempt from federal and New York State income tax as an educational institution under Section 501 (c)(3) of the Internal Revenue Code and under Article 7-a of the New York Executive Law Section 172-a, respectively.


Sales:
Syracuse University has applied for and received sales tax exemptions in several U.S. states. The Purchasing Office has on file tax exemption certificates and/or letters further detailing our tax status in each of those state. The list showing the University’s tax exemption status in each state can be found by logging into MySlice.


Excise:
Based on the provisions of Publication 510, Syracuse University is exempt from federal excise tax on the fuel it has purchased for its exclusive use.


Syracuse University’s Annual Income Tax Returns:
Syracuse University timely prepares and files returns with the appropriate governmental agencies. Click here to request copies of the University’s Form 990 and Form 990-T.


 

Syracuse University does not offer personal tax advice. Nothing on this web site shall be construed as the offering of tax advice. Syracuse University recommends seeking professional tax counsel whenever necessary.