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Procurement Report for STAR (Sales Tax Asset Receivable) Corporation Date: 09/12/2018 Status: CERTIFIED Date : 09/12/2018Fiscal Year Ending: 06/30/2018Procurement Information:1. Question Does the
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ComptrollerNYCgovStatementssales-tax-assetsales tax asset receivable may be needed by businesses, organizations, or individuals who are entitled to receive sales tax assets from the Comptroller of New York City.
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This can include vendors or suppliers who have sold goods or services to the government and are awaiting payment, individuals or entities with outstanding accounts receivable from the city, or any other party entitled to receive sales tax assets as determined by the Comptroller's office.
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The comptrollernycgovstatementssales-tax-assetsales tax asset receivable represents the amount of sales tax owed to the government that has not yet been paid.
All businesses that collect sales tax are required to file comptrollernycgovstatementssales-tax-assetsales tax asset receivable.
To fill out the comptrollernycgovstatementssales-tax-assetsales tax asset receivable, businesses need to report the total amount of sales tax collected and owed.
The purpose of comptrollernycgovstatementssales-tax-assetsales tax asset receivable is to ensure that businesses are accurately reporting and remitting the sales tax they collect.
Businesses must report the total amount of sales tax collected, any deductions or exemptions, and the amount owed to the government.
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