Bookcover of Endowment Tax
Booktitle:

Endowment Tax

Tax, Financial endowment, Institution

Chrono Press (2012-05-21 )

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ISBN-13:

978-613-7-16398-6

ISBN-10:
6137163989
EAN:
9786137163986
Book language:
English
Blurb/Shorttext:
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Endowment tax is taxation of endowments. The city of Cambridge, Massachusetts, has proposed taxing MIT and other major universities on these previously exempt, non-profit earnings. A financial endowment is a transfer of money or property donated to an institution, with the stipulation that it be invested, and the principal remain intact. The total endowment can be over a billion dollars at some of the United States' richest universities. The non-profit status of some institutions like hospitals has been questioned in the United States House Ways and Means Committee.
Publishing house:
Chrono Press
Website:
http://www.alphascript-publishing.com
Edited by:
Pollux Évariste Kjeld
Number of pages:
144
Published on:
2012-05-21
Stock:
Available
Category:
Taxes
Price:
45.00 €
Keywords:
City, tax, Massachusetts, Endowment, Cambridge

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