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Taxation & Estate Planning

: TaxProf Blog

Mass. Considers 2.5% Excise Tax on College Endowments > $1 Billion

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From yesterday's Boston Globe: Lawmakers Target $1b Endowments; Exempt Status of Schools Debated, by Peter Schworm & Matt Viser: Massachusetts lawmakers desperate for additional revenue are eyeing the endowments of deep-pocketed private colleges to bolster the state's coffers by more...

Full post as published by TaxProf Blog on May 09, 2008 (boomark / email).

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