News

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 ...
Trump Says He’s Revoking Harvard’s Tax-Exempt Status. Here’s What That Means
A New York University School of Law professor on tax policy called the news a “lawless action by the President.” ...
Billionaire Harvard alum agrees school may need to lose tax-exempt status, calls for a 'change in leadership'
Billionaire Bill Ackman criticized Harvard University for failing to clamp down on antisemitic protests and agreed it needed ...
Hartford Courant7d
Trump re-ups his threat to strip Harvard University’s tax-exempt status
WASHINGTON (AP) — President Donald Trump on Friday re-upped his threat to strip Harvard University of its tax-exempt status, escalating a showdown with the first major college that has defied ...
Axios on MSN4d
Trump's tax fight with Harvard sends chill through nonprofit sector
President Trump's legally dubious threat to strip Harvard's tax-exempt status could cost the university hundreds of millions ...
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 ...