The US Treasury Department has escalated an effort to strip schools, including universities, of their special tax-exempt status if they consider race in admissions, scholarships or other areas, a potential blow to the financial stability of hundreds of educational institutions.
Treasury Targets Tax Exemptions for Schools Over Racial Policies
The US Treasury Department has escalated an effort to strip schools, including universities, of their special tax-exempt status if they consider race ...
By Dhallo News · September 3, 2026 at 7:53 PM IST
SOURCE: Bloomberg - Politics
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