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IRS Prop. Reg.: Comments Submitted on Private Colleges, Universities Excise Tax (IRC §4968), Bloomberg Tax

October 04, 2019

Public comments, including those submitted by Morgan Lewis, on Internal Revenue Code Section 4968 were released on October 3. The Section 4968 proposed regulations relate to the excise tax applicable to private colleges and universities. This Bloomberg Tax update links to those recently released comments from Morgan Lewis partner Alexander Reid and other organizations.

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