411.1 The University may engage in any trade or business, including sales to the public.

411.2 Income generated from any trade or business, regularly carried on by the University that is not substantially related to the University's educational activities may be taxable.

411.3 A University business enterprise may be operated as an auxiliary enterprise, subject to negotiated agreements with the University, if applicable, but shall in all cases be under the direct management, control, and supervision of the Chief Operating Officer of the University.

411.4 The University shall identify and report unrelated business income on its annual tax returns and remit any tax due, in compliance with federal, state, and local tax laws and regulations.

411.5 The Chief Operating Officer of the University shall ensure the University's compliance with sales tax regulations by collecting, accounting for, reporting and remitting the required sales tax in a timely manner, for all taxable sales and rentals.

SOURCE: Sections 4.3, 4.4 of Task I, Revised – Part I, Attachment to UDC Resolution No. 77-9 (adopted April 21, 1977), published in Final Rulemaking at 24 DCR 306 (July 8, 1977), from the Proposed Rulemaking published at 23 DCR 9091 (May 13, 1977); as amended by §§ 4.3 and 4.4 of the University of the District of Columbia Faculty and Administrative Personnel Policies, 1980, as published in Final Rulemaking published at 27 DCR 1657 (April 25, 1980), from the Proposed Rulemakings published at 25 DCR 3934 (October 27, 1978) and 27 DCR 267 (January 18, 1980); as amended by Final Rulemaking published at 66 DCR 7171 (June 14, 2019).