Record Description:
Reports of winnings and tax withholding for university sponsored raffles where the value of the prize less amounts paid for participating is over $600 AND the value of the prize is over 300 times the amount the winner paid to participate. (Depts. must notify UI Office of the General Counsel and UI Accounts Payable when holding raffles.)
Administrative Unit Responsible for Establishing Retention Criteria:
Official Files Maintained By:
Record Category:
UI Retention Guidelines:
Permanent
Confidential:
Yes
Vital:
Yes
Year Updated:
2017