Thu Apr 17 00:21:08 UTC 2025: ## IRS to Rescind Harvard’s Tax-Exempt Status: Report

**Washington D.C., April 17, 2025** – The Internal Revenue Service (IRS) is reportedly preparing to revoke Harvard University’s tax-exempt status, according to a CNN report citing two anonymous sources. This move comes a day after President Donald Trump threatened to take such action, following Harvard’s rejection of what the university termed unlawful demands to restructure its academic programs or risk losing federal funding.

A final decision on the revocation is expected imminently. The IRS and the U.S. Treasury have yet to publicly comment on the CNN report. The potential loss of tax-exempt status for Harvard University represents a significant development in the ongoing dispute between the institution and the Trump administration.

Read More