Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on OversightPublisher:
ISBN:
Category : College costs
Languages : en
Pages : 76
Book Description
Hearing on Tax-exempt College and University Endowments
Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on OversightPublisher:
ISBN:
Category : College costs
Languages : en
Pages : 76
Book Description
Hearing on tax-exempt college and university endowments
Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on OversightPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Hearing On Tax-Exempt College And University Endowments, Hearing Serial 114-OS14, September 13, 2016, 114-2
Author: College and University Endowments
Author: Jessica I. BellfleurPublisher: Nova Novinka
ISBN: 9781617282683
Category : Endowments
Languages : en
Pages : 0
Book Description
U.S. colleges and universities hold hundreds of billions of dollars in endowments. In congressional hearings and in academic literature, some have argued that certain college and university endowments have grown very large without a concurrent increase in the use of endowment proceeds to reduce the cost of attending those schools. The topic of college affordability continues to be an issue of great concern and many are concerned that increases in the cost of college may be discouraging large numbers of individuals, particularly minority and low income individuals, from pursing higher education. This book provides information about endowments that will help inform policymakers and others as they consider college and university endowment issues.
College and University Endowments
Author: Jeanette O'BrienPublisher:
ISBN: 9781634856768
Category : Business & Economics
Languages : en
Pages : 72
Book Description
Colleges and universities maintain endowments to directly support their activities as institutions of higher education. Endowments are typically investment funds, but may also consist of cash or property. Current tax law benefits endowments and the accumulation of endowment assets. Specifically, endowment fund earnings are exempt from federal income tax. Additionally, taxpayers making contributions to college and university endowment funds may be able to deduct the value of their contribution from income subject to tax. The purpose of this book is to provide background information on college and university endowments, and discuss various options for changing their tax treatment.
Taxing and Regulating College and University Endowment Income
Author: Mark J. CowanPublisher:
ISBN:
Category :
Languages : en
Pages : 48
Book Description
College and university endowments have reported outstanding investment returns in recent years. While annual investment returns have averaged around 15.2%, colleges and universities have only been spending about 4.6% of their endowment assets each year. This has drawn the attention of the Senate Committee on Finance, which recently held a hearing regarding the accumulation of endowment income at colleges and universities and debated whether endowments should be taxed or regulated (for example, by the use of the minimum distribution requirement that applies to private foundations). This Article marshals and fuses the existing literature on endowments, the rationales for tax exemptions, the justifications for the unrelated business income tax, and the reasoning behind the private foundation minimum distribution requirements to determine whether a tax on endowment income or a minimum distribution requirement would be consistent with our current understanding of how colleges and universities should be taxed. The Article concludes that the existing literature would not justify taxing or regulating endowment accumulation and that any attempt to tax or regulate endowments should only be undertaken in light of a fundamental re-imagining of our tax exempt system.
College and University Endowments
Author: The Exemption of College Endowments from Taxation
Author: Edgar Hutchinson JohnsonPublisher:
ISBN:
Category : Endowments
Languages : en
Pages : 12
Book Description
Exemption from Taxation
Author: Oversight on College Endowments
Author: United States. Congress. House. Committee on Education and Labor. Subcommittee on Postsecondary EducationPublisher:
ISBN:
Category : Endowments
Languages : en
Pages : 126
Book Description