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New Act Simplifies Excise Tax on Investment Income for Private Foundations

January 27, 2020/TEO BULLETIN/less than a minute

Click here to read our Client Advisory regarding the recent change to the excise tax on investment income of private foundations.


Carter Ledyard & Milburn LLP uses Client Advisories to inform clients and other interested parties of noteworthy issues, decisions and legislation which may affect them or their businesses. A Client Advisory does not constitute legal advice or an opinion. This document was not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein. © 2023 Carter Ledyard & Milburn LLP.

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