Revised US endowment tax hits Ivy League universities, whereas smaller elite faculties stay unaffected
Revised US endowment tax hits Ivy League universities In a sweeping shift to how America’s wealthiest universities are taxed, the US Congress has handed new laws that sharply will increase the tax burden on the endowment earnings of enormous non-public establishments, whereas quietly carving out exemptions for smaller however equally well-funded faculties. As a part…
