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The Student News Site of Trinity University

Trinitonian

The Student News Site of Trinity University

Trinitonian

The Student News Site of Trinity University

Trinitonian

Trinity awaits endowment tax regulations

Trinity awaits endowment tax regulations

Benjamin Gonzalez November 29, 2018
The 2017 tax bill will introduce taxes on the endowment, but the final policy is unclear
Next week, members of Congress will decide on a tax reform bill that includes an excise tax on university endowments that may cost Trinity $3 million. photo provided by Jomar Thomas on Unsplash

Trinity hires lobbyists to combat proposed endowment tax

Daniel Conrad December 16, 2017

Trinity University has enlisted former Texas congressman Henry Bonilla and two others to lobby against the proposed tax on private university endowments in the Republicans’ tax reform bill, which President...

Graphic by Tyler Herron, graphics editor.

Trinity endowment under aim in tax reform policy

Kendra Derrig November 29, 2017

Proposed plans for tax reform are currently making their way through the United States House of Congress and the Senate. While there are still many hurdles to clear, the bills could impose a 1.4 percent...