Sec. 41109. Clarification regarding excise tax based on investment income of private colleges and universities

54 words·~1 min read·/bill/115/hr/1892/unknown/section-41109

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Subsection (b)(1) of section 4968 , as added by section 13701(a) of Public Law 115–97 , is amended— by inserting tuition-paying after 500 in subparagraph (A), and by inserting tuition-paying after 50 percent of the in subparagraph (B). The amendments made by this section shall apply to taxable years beginning after December 31, 2017.

Connectionstraces to 1

Traces to 1 document

public-private-law

To provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018.Dec
Public Law 115-97

Citation graph

cites case law

Sec. 41109

Clarification regarding excise tax based on investment income of private colleges and universities

Pub. L.Public Law 115-97

Cites 1Cited by 0 across 0 sources