The National Association of College and University Business Officers (NACUBO) has released a webinar looking at the higher education provisions in the tax reform package introduced in February by House Ways and Means Committee Chairman Dave Camp (R-MI) and their implications for colleges and universities.
NACUBO is making the webinar available at no cost, on-demand for a limited time. The 65-minute webcast covers proposed changes to education tax incentives, charitable giving and tax-favored bonds. It also looks at a host of proposals that would alter the treatment of tax-exempt entities, and colleges and university specifically, including new unrelated taxable income rules, new penalties and new excise taxes.
ACE, along with 10 other higher education associations, wrote to Camp last month that while they are pleased his proposal seeks to create a simpler, consolidated higher education tax credit, ultimately the plan would undermine the existing framework of higher education tax incentives.