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What Is Tax-Exempt Status and Can the I.R.S. Revoke It From Harvard?
The university, like many colleges and charities, is exempt from federal income and property taxes, saving it billions of ...
Can Trump strip Harvard of its charitable status? Scholars of nonprofit law and accounting describe the obstacles in his way
An organization that loses its status, whether it’s a university like Harvard, a food bank, a homeless shelter or any other kind of charity, is suddenly subject to federal income tax. It also loses ...
Trump says he’ll revoke Harvard’s tax-exempt status
The announcement from Trump comes after Fox News reported last week that his administration asked the Internal Revenue ...
Trump’s vow to end Harvard’s tax-exempt status sparks immediate rebuke: ‘This is just textbook authoritarian behavior’
The Trump administration has demanded sweeping oversight over Harvard’s academic operation, a move actively opposed by ...
Bill Ackman Backs Harvard Losing Tax-Exempt Status, Calls for Board Overhaul
The billionaire investor said it’s time for a change in leadership at the Ivy League school.
The next potential weapon in Trump’s battle with Harvard: raising the tax levied on its $53 billion endowment
A bill in Congress would increase the endowment tax for Harvard and other schools to 21%, the equivalent of the corporate tax ...