Social Club

• Allowed from unrestricted gift funds (50XXXX accounts) and from restricted gift funds (51XXXX accounts) if it relates to the purpose of the account.
• The full amount of the membership is initially considered a taxable benefit and the payment request must include the Request One Time Payment – Emoluments form. If on a payment card transaction, the receipt and form must be submitted to paymentcard@tamu.edu.
• The employee can reduce the tax obligation by completing the Annual Entertainment/Social Club Log recording the personal and business usage if submitted to tax@tamu.edu  by the first Monday in November each year.
• Coded 5212