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How Colleges Measure Value of Presidential Homes

June 14, 2010
 

New Internal Revenue Service regulations require colleges to estimate the value of some of the benefits they provide college presidents, such as housing. As The Boston Globe reported, colleges are interpreting the requirement in different ways. Some are reporting the monthly rental value of the entire home, while others argue that most of the home is a general entertaining space so that only selected rooms should be valued.

 

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