TaxProf Blog

Editor: Paul L. Caron
Pepperdine University School of Law

A Member of the Law Professor Blogs Network

Tuesday, October 11, 2005

American University Board Fires President for Lavish Spending, Failing to Pay Tax on Perks

Ladner_1American University's board fired President Benjamin Ladner yesterday.  The university will continue to seek $125,000 in reimbursement from Ladner for questionable expenses and report to the IRS $398,000 in taxable income on top of Ladner's $633,000 annual salary.  Press reports:

Chronicle of Higher Education:

New York Times:

Wall Street Journal:

Washington Post:

For American University's press release, see here.  For prior TaxProf Blog coverage, see here, here, here, and here.

http://taxprof.typepad.com/taxprof_blog/2005/10/american_univer_1.html

News | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341c4eab53ef00d83555d0e269e2

Listed below are links to weblogs that reference American University Board Fires President for Lavish Spending, Failing to Pay Tax on Perks: