Revised US endowment tax hits Ivy League universities, while smaller elite colleges remain unaffected – Times of India
Revised US endowment tax hits Ivy League universities In a sweeping shift to how America’s wealthiest universities are taxed, the US Congress has passed new legislation that sharply increases the tax burden on the endowment earnings of large private institutions, while quietly carving out exemptions for smaller but equally well-funded colleges. As part of a…
