taxes

An investigation by Science reveals that charities’ investments support activities opposed to their own missions, such as human health and environmental protection.

A provision to tax tuition waivers was dropped during the reconciliation process.

The proposed tax on graduate tuition waivers would significantly increase students’ taxable income.

Our calculations find troubling increases in taxes if a US House–led tax plan succeeds, but tuition waivers, as the Senate bill has proposed, could actually reduce students’ tax burdens.

The proposal draws criticism from higher-education groups.

The Dublin-based pharma giant is set to acquire Baxalta, an Illinois-based Baxter spinoff, expanding its rare disease drug portfolio.

The massive pharma deal will create one of the 50 largest companies in the world, and will move AbbVie’s corporate tax headquarters from North Chicago to the U.K.

New research suggests that some smokers may carry a gene variant that makes them less likely to quit simply because cigarette taxes are raised.