Regulation
IRS Proposes Regulations to Codify Stock Buyback Tax
Stock buybacks valued at under $1 million would not be subject to the tax.
NACUBO welcomes rule changes but still opposes tax, which it says diminishes resources for students.
Increase IRS audits, which are shrinking. This would help narrow the budget deficit, ex-Treasury secretary contends.
Higher education foundations finally get guidance on 2017 excise tax.
Clarification of 1.4% excise tax could reduce amount paid by universities.