Tariffs have become
a key policy tool. International students must pay taxes on scholarships. So
what? For U.S. students, a scholarship is not taxable. But again, the value of
a scholarship is taxable for international students.
It’s not called a
tariff. But it works the same way: The U.S. adds up to a 30% tax on scholarships
similar to a 20% tariff on Chinese goods.
This tax has impact
on NCAA scholarships. There are 17,000 student- athletes from other countries
among the roughly 480,000 students that take part in NCAA sports (3.5%). Some
sports have a high concentration of foreign students: Tennis (32% of men and
30% of women on college tennis teams come from other countries, many of whom
are on scholarships).
The chart shows the
percentage of international students in NCAA sports. While most of these students
play in non-revenue sports, they are a growing part of college basketball (6.7%).
For more, see “These
Are the Scholarships Most Likely to Go to Foreigners,” at https://www.marketwatch.com/story/these-are-the-sports-where-foreigners-get-the-most-us-athletic-scholarships-2017-05-11
No comments:
Post a Comment