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and updates regarding DEFINE, the on-line accounting system.  It is
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This message is being sent on behalf of Accounting Services.  Please contact
extension 7074 with any questions.



ASSESSMENT, COLLECTION, and DEPOSITING OF SALES TAX

a.  The Texas Limited Sales, Excise and Use Tax Act imposes a tax on the
sale, lease or rental of tangible personal (touchable, moveable) property
and on certain specified services.  The state sales tax rate is 6.25%.
Arlington local taxes combine with this for a total sales tax rate of 7.75%.
In general, the Texas sales tax is imposed on the "sales price" (amount for
which the item is sold including labor, materials, overhead, transportation)
of each "sale" of a "taxable item" in Texas.  The tax is not imposed when an
exemption from the tax applies, meaning the purchaser would present UTA with
a properly completed Texas Sales and Use Tax Exemption Certificate (see
exhibit 2-94).
        b.  When sales tax is collected, it is deposited to the same account

(i.e.29-XXXX-XX-95) as the revenue generated from the sale.  Object code
6011 must be used for the sales tax portion of the deposit.  The sales tax
remittance to the State of Texas is processed by Accounting Services.
        c.  If you have questions regarding the assessment and collection of

sales tax, please call Accounting Services at extension 7074.


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