Tag Archives: tax-exempt status

The Trump administration is proposing new rules that could allow the IRS to revoke tax-exempt status from schools that use race-based policies in admissions, scholarships or student programs. The Treasury Department said Thursday that the rules would apply to as many as 18,000 schools, including colleges, universities and secondary schools. …

President Donald Trump on Friday escalated his campaign against Harvard University, renewing his threat to revoke the institution’s tax-exempt status — a move that has drawn fierce legal and political criticism and raised serious constitutional questions. “We are going to be taking away Harvard’s Tax Exempt Status,” Trump posted on …