Bulletin: Sales Tax Increase Effective April 1, 2013 (Posted March 28, 2013)
Effective April 1 2013, the Santa Clara County sales tax rate will increase to 8.75%. The San Mateo County rate will increase to 9%. These new tax rates will be automatically reflected on taxable requisitions and purchase orders created on or after April 1, 2013 and on Purchasing Card transactions posted on or after April 1, 2013.
For requisitions/purchase orders created before April 1, 2013 with taxable goods invoiced after April 1, 2013:
Stanford must pay the new tax rate for goods invoiced after April 1, 2013 even though the purchase requisition / purchase order reflects the old tax rate. Accounts Payable will pay the invoice at the new tax rate based on the date of the invoice. There is no need for you to update the purchase order or invoice.
- Contact the Financial Support Center (3-2772).