28-January-2015: Amazon letters/emails - Those that are receiving year-end statemetns from Amazon and other retailers summarizing total purchases for the year which may or may not be subject to use tax, please forward to the Tax Office for review. In an effort to maintain compliance withthe State of South Carolina, we would like to keep record of these statements to verify transactions have been properly assessed tax.
30-July-2014: The Sales Tax Holiday (August 1 - August 3) does not apply to purchases made by MUSC. The SC Dept of Revenue specifically excludes items for use in a trade or business from participating in this event.
30-June-2014: Updated FICA Consent Form
4-Sep-2013: Notice to Residents prior to 1-Jun-1996
6-Dec-2012: At this time MUSC is still waiting for payment from the IRS for the Medical Resident FICA Claims. Residents will be notified as soon as any information is available.
January, 2011: Supreme Court Ruling (1/10/2011) does NOT impact refunds for 1995 - 2005
The Medical University of South Carolina (MUSC) is exempt from federal income tax as a political subdivision of the state of South Carolina based on the provisions set forth under IRC Section 115. As such, MUSC shares similar characteristics of a 501(c)3 organization, including accepting tax-deductible donations under IRC Section 170 (c)(1) so long as it is made for public purposes. In addition, gifts made directly to MUSC are deductible (subject to certain limitations) in computing taxable gifts subject to IRC Section 2522(a) provided the gifts are made for public purposes. Donors wishing to donate specifically to a registered IRC Section 501(c)3 organization should consider contributing to the MUSC Foundation (http://academicdepartments.musc.edu/foundation). Income generated from activities that are not related to the purpose and mission of MUSC (functions that are considered to be educational, research related and provide for the advancement of clinical care) are subject to tax and filing requirements per IRC Section 511. The department generating these activities should notify the Tax Office immediately to maintain compliance with federal regulations. For more information on unrelated business income tax, please refer to http://www.irs.gov/pub/irs-pdf/p598.pdf.Tax Compliance is part of the Controller's Office and reports to the Accounting Operations Director. We are responsible for issues related to tax law compliance, including sales and use taxes. Requests for employer identification number (EIN) and Form W-9 should contact the Tax Office directly.
We are also responsible for determining and documenting treaty status and benefits eligibility for U.S. nonresident status employees and students at the University.
The office is located in Suite 505 in Harborview Office Tower.