The Taxman Looketh

Inside Higher Ed today reports that the IRS has been studying the tax payments (or nonpayments) of colleges and universities for their semi-commercial activities.  As we have noted in prior posts,  a couple of lawsuits have been filed against UCLA’s grand hotel plan, one of which challenges the University’s claim of tax exemption for the hotel and other activities.  You can find the Inside Higher Ed report at:
http://www.insidehighered.com/quicktakes/2013/04/29/irs-publishes-report-wide-review-colleges

The article has links to the IRS report and earlier preliminary reports by the IRS.  You can also find the IRS report at:
http://issuu.com/danieljbmitchell/docs/cucp_finalrpt_042513

It can be hard to get away from the taxman:

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