Thursday, 17 April 2025

IRS reportedly planning to revoke Harvard’s tax-exempt status

Probably illegal move against US’s richest university is latest in Trump’s attack on independence of higher education

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 US institutions of higher education.

Trump on Tuesday called for Harvard, the US’s oldest and wealthiest university and one of the most prestigious in the world, to lose its tax-exempt status, CNN first reported.

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from World news | The Guardian https://ift.tt/PkrwW0L

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