Minimizing the Endowment Tax
Goldman Sachs offers strategies universities can use to reduce the effect of the new endowment tax.
Goldman Sachs offers strategies universities can use to reduce the effect of the new endowment tax.
Government windfall rises to £110 million from £10 million in 10 years.
New program could grow to $1.5 trillion by 2025.
Dean says university will refrain from making long-term commitments due to 1.4% excise tax.
More than a dozen public companies announced nearly $8.5 billion in contributions last week.
New 1.4% tax on private colleges’ investment income could be a ‘harbinger’ for non-profit entities.
The forced ‘Rothification’ of defined contribution plans would be a disaster, say industry experts.