Bookmark Article
Decision on Harvard’s tax-exempt status expected soon – reports
The IRS is considering revoking Harvard University’s tax-exempt status, with a decision anticipated shortly, following requests from the treasury department. Secretary of Education Linda McMahon noted the merit of investigating elite institutions with large endowments. Meanwhile, Donald Trump has publicly called for Harvard to lose its tax-exempt status, threatening the university’s funding and admissions policies, amid ongoing tensions over its political stance and alleged antisemitism.
