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Taxation & Estate Planning

: TaxProf Blog

CBO: 'Nearly All' Colleges Engage in Tax Arbitrage

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The Congressional Budget Office on Friday released Tax Arbitrage by Colleges and Universities: Because colleges and universities serve a public purpose?advancing higher education and promoting myriad forms of research?they enjoy a variety of tax preferences. In addition to being exempt from paying federal income taxes, institutions of higher learning can...

Full post as published by TaxProf Blog on May 03, 2010 (boomark / email).

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