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Private Colleges and Universities with Very Large Endowments Pay a Federal Excise Tax on ... - Latest Tweet by PolitiFact
The latest Tweet by PolitiFact states, 'Private colleges and universities with very large endowments pay a federal excise tax on endowment investment income. Legal requirements dictate how endowment payouts can be used. ...'
Private colleges and universities with very large endowments pay a federal excise tax on endowment investment income. Legal requirements dictate how endowment payouts can be used. https://t.co/HOO5lxPPDz— PolitiFact (@PolitiFact) September 2, 2022
(The above story first appeared on LatestLY on Sep 02, 2022 10:27 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
