Office of Treasury Operations, Tax Compliance and Analysis

Tax Compliance and Analysis

The mission of our unit is to manage tax and other business-related issues, protect the University of Illinois' exempt status, and ensure compliance with relevant laws and rules.

This mission is accomplished by providing the following services and support to university and System offices:

  • Conduct research and provide consultation
  • Identify, assess, quantify, and document issues and current or potential tax exposure and risk (such as compliance, financial, or public relations risk)
  • Develop tax planning strategies
  • Ensure that the University of Illinois' tax exempt status is not jeopardized
  • Assist the University in identifying and realizing the benefit of all University exemptions
  • Promote awareness, interest, and tax compliance
  • Function as the University liaison with federal, state, and local authorities
  • Prepare for potential audits
  • Coordinate timely submissions of various University filings
  • Keep current with new and changed rules
  • Ensure the accuracy and validity of all information distributed

See Section 18 - Taxes, of the OBFS Policies and Procedures manual for additional tax information.