Trump Admin Seeks IRS Revocation of Harvard's Tax-Exempt Status Over Endowment Practices

The Trump administration has asked the Internal Revenue Service (IRS) to revoke Harvard University's tax-exempt status, sources within the Department of Justice confirmed to Fox News. Details of the request were not provided, but the move would effectively strip the university of its non-profit status and require it to pay taxes on its income. The request is part of a broader effort by the Trump administration to target wealthy universities and other organizations deemed 'overly political'. Harvard University has held tax-exempt status since 1936.