IRS issues final regulations for determining IRC Section 4968 excise tax on net investment income of private colleges and universities

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September 18, 2020
2020-2271

The IRS has issued an advance copy of final regulations (TD 9917) under IRC Section 4968 addressing how to determine the excise tax on the net investment income of certain private colleges and universities. The regulations will become effective when published in the Federal Register. A Tax Alert is forthcoming.

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