President Donald Trump’s public threat to strip Harvard University of its tax-exempt status could come back to bite him, legal experts told NBC News. In a Truth Social post Friday,
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CNN — President Donald Trump says Harvard University will be stripped of its tax-exempt status — redoubling an extraordinary threat that the Ivy League school’s president is pushing back against.
For more than a century, the majority of colleges and universities have not paid most taxes. The Revenue Act of 1909 excused nonprofits operating “exclusively for religious, charitable, or educational
The Internal Revenue Service (IRS) is reportedly planning to revoke Harvard’s tax-exempt status in what would be a probably illegal move amid Donald Trump’s concerted attack on the independence of
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