Skip navigation
phil818

Taxing Net Investment Income —The Camel’s Nose Under the Nonprofit’s Tent?

Christopher P. Woehrle reviews the the excise tax on the richest private colleges and universities.

The Tax Cuts and Jobs Act of 2017 (P.L. 115-97) (the Act) imposes an excise tax of 1.4 percent on the net investment income (NII) of the richest private colleges and universities in the United States for tax years beginning after Dec. 31, 2017.1 

All access premium subscription

Please Log in if you are currently a Trusts & Estates subscriber.


If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.


Questions about your account or how to access content?


Contact: [email protected]

TAGS: Philanthropy
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish