The president escalated battles with prominent American companies and institutions, as well as a key trading partner. The damage could be extensive.
Category: Harvard University
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Republicans Harness Tax Code to Punish Trump’s Political Nemeses
Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.
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Trump Says He’s ‘Taking Away’ Harvard’s Tax Exempt Status
President Trump first threatened Harvard’s tax status last month. It was not immediately clear if the I.R.S. was in fact moving forward with a change.
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Harvard’s War With Trump Forces Question of How Endowments Should Be Spent
The Trump administration’s war on elite universities has forced them to consider whether it’s ever worth dipping into the trust.
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Harvard Sought a Deal With Trump Ahead of Public Battle
Harvard frantically tried to avoid a showdown with the Trump administration. Now many of its big donors are pushing the university’s leaders to back down and renew talks with the White House.
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Trump Officials Blame Mistake for Setting Off Confrontation With Harvard
An official on the administration’s antisemitism task force told the university that a letter of demands had been sent without authorization.
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With Harvard Threat, Trump Tries to Bend the I.R.S. to His Will
Since the post-Nixon era, the Internal Revenue Service has had a degree of independence from the White House. President Trump is seeking to change that.
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Why Does Harvard Have Tax-Exempt Status and Can the IRS Revoke It? What to Know.
The university, like many colleges and charities, is exempt from federal income and property taxes, saving it billions of dollars. President Trump has questioned whether it should enjoy that status.
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I.R.S. Is Said to Be Considering Whether to Revoke Harvard’s Tax-Exempt Status
The move would be a major escalation of the Trump administration’s attempts to choke off federal money and support for the leading research university.
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Now on the College Course Menu: Personal Finance
More universities and colleges nationwide are offering courses to teach students how to manage their own money.
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Bill Ackman Abruptly Withdraws Planned I.P.O.
The announcement came a day after he had scaled back the expected size of the offering.