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November 17, 2017

Statement on Proposed Change to Federal Tax Code

Statement on Proposed Change to Federal Tax Code Tuition Remission Exemption

Dear ASA Members:

I write on behalf of the National Council to call your attention to H.R. 1, the House of Representatives “Tax Cuts and Jobs Act” passed by the House on Thursday, 16 November 2017.  Among its many provisions designed to divert tax revenues to businesses and corporations is one that will require students receiving tuition waivers to pay taxes on the value of those waivers.  The effect of this provision on the roughly 145,000 graduate students whose financial aid packages include tuition waivers would be enormously detrimental ...(Read more)

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