WASHINGTON (AP) — A tax on the endowments of America's wealthiest colleges began during President Donald Trump's first administration, collecting 1.4% of their investment earnings. Under ...

It also said it was canceling two grants to the school totaling $2.7 million.By taking action against international students and the school's tax status, the administration struck at two pillars ...

The IRS is the only entity with the power to change an organization’s tax status—Trump could not do it on his own. The Trump administration accused Harvard in a letter last week of failing to ...

Washington — President Trump said Friday that his administration will be rescinding Harvard University's tax-exempt status, further escalating the ongoing feud with the Ivy League school.

writing “tax exempt status is totally contingent on acting in the PUBLIC INTEREST!” The Trump administration on Monday froze $2.2 billion in federal funding and a $60 million federal contract ...

The Trump administration has asked the Internal Revenue Service’s top attorney to revoke Harvard University’s tax-exempt status, according to three people familiar with the situation ...

The eventual 1983 Supreme Court ruling in that case would likely serve as the legal precedent for the Trump administration in a case against Harvard, says Michael Graetz, a professor of tax law at ...

WASHINGTON, May 2 (Reuters) - U.S. President Donald Trump said on Friday his administration will revoke Harvard University's tax-exempt status, returning to a threat he issued against the ...