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3 Significant Changes In The Final Endowment Tax Rules, Law360

November 02, 2020

Partner Alex Reid spoke with Law360 for an article about the US Internal Revenue Service’s final endowment tax rule, which carves out an important exception for universities when receiving funds from a charitable trust. "Huge amounts of money are held in these trusts, and so carving them out of a related organization is a big win for colleges and universities," Alex said.

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