Word: taxed
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...Faculty of Arts and Sciences (FAS) organizations face the University-levied tax on tax-deductible money that student groups receive from donors. The University announced this fall that the tax, which is set at five percent this year, will rise to 15 percent within the next three years...
Just four days after saying that the "there is no plan to repeal" a new administration-imposed tax on gifts to student groups, Dean of the College Benedict H. Gross '71 told Undergraduate Council leaders this afternoon that groups will be reimbursed for the levy...
...have spoken with Dean Knowles and Dean Kidd about the FAS gift tax on student accounts. Although it would be improper for FAS to selectively repeal the tax, I have decided that the College will reimburse student groups for this assessment...
Ryan A. Petersen ’08, who announced the decision at tonight’s Undergraduate Council meeting, emphasized that FAS has not agreed to repeal the tax...
When asked why the College’s approach to the tax had changed over the past several days, Petersen said that Gross "was getting pressured from a lot of us talking to him, and this way he can ostensibly say that the tax is still happening...