Law Office of Charles W. Cope, PLLC | Tax Insights Blog | Tax-Exempt Entities
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Tax Insights Blog
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Mr. Cope monitors the development of U.S. tax law daily through postings on government websites, daily tax publications, monthly tax journals, tax newsletters, tax conferences and meetings of professionals organizations in New York and Washington. Each month he publishes the Tax Insights Blog, which describes and analyzes significant U.S. tax developments (e.g., judicial decisions, regulations, proposed tax legislation) having cross-border tax consequences.  The blog's content should be of interest to U.S. businesses with foreign operations and businesses headquarted outside the United States with U.S. investments or U.S. operations.

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  • The Congressional Research Service Reports on University Endowments
     
    December 2015
    A recent report prepared by the Congressional Research Service (“CRS”) examines the current taxation of college and university endowments and considers proposals for change.  In 2014, these endowments consisted of assets totaling more than $500 billion and earned an average return of more than 15 percent. When considering comprehensive tax reform, the Congress may look to impose a tax on the income earned by these endowments or limited deduction for contributions made to colleges and universities.   Accordingly, this report may offer insights into future tax policy affecting colleges and universities.