Colleges do not pay income taxes on the earnings from investment of their endowments. Colleges almost...
Colleges do not pay income taxes on the earnings from investment of their endowments. Colleges almost never hold municipal bonds. Explain the connection between these two facts.
Homework Answers
Colleges or any educational institutions are not held liable to pay the taxes on the earnings from their investments, and colleges almost never hold municipal bonds. The educational institutions are considered those part in the economy which are in the skill development of the economy educational institutions are the basic need for the country so their development itself is an obligation of the government so government does not charge any taxes on their earnings and mandate them to invest on thiir own development and growth. These institutions do not invest on such bonds which are just for income generation, they invest on such projects which are directly or indirectly indulged in the welfare of educational sector only.
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Colleges do not pay income taxes on the earnings from investment
of their endowments. Colleges almost...
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conformity between its taxable income and income before taxes. BE17-1. Income Taxes Payable. Immox Company has conformity between its taxab In Immox's taxes payable are $140,000 and its tax rate is 40%, what is its net income BE17-2. Income Taxes Payable. Limmox Company has conformity between its tas taxes. Limmox Company's net income after taxes is $195,000 ang rmity between its taxable income and income before et income after taxes is $195,000 and its tax rate is 35%. What...
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First, what makes almost all government politicians everywhere in the world continue to spend more than is collected in taxes? Then, briefly explain why a govemment would continue to borrow if it knew it could never pay back all of the loans, including interest. And finally, borrowing requires people to loan the money to the government (by buying government bonds). So why would international bond buyers be willing to purchase government bonds from Greece, Spain, Portugal, and Italy when there...
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is ¥400 million, lump-sum taxes (taxes that do not depend on real
income) are ¥100 million, investment spending is ¥300 million,
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