You'll usually be sent a tax return if: you have untaxed income from investment, land or property, or from overseas. you make capital gains above the annual exempt amount (£3,000 in 2025-26 and ...

President Trump on Thursday floated a wider crackdown on tax-exempt entities after his administration asked the Internal Revenue Service (IRS) to revoke Harvard University’s tax-exempt status ...

President Donald Trump on Thursday ramped up his threats to scrutinize the tax-exempt status of groups and colleges he disagrees with, calling out a prominent organization that’s fighting some ...

The Trump administration asked the Internal Revenue Service (IRS) to revoke Harvard University’s tax-exempt status on Wednesday, a day after President Trump suggested the idea. Andrew De Mello ...

A federal bill proposed this week would affirm that nonprofits and charities are not receiving federal “financial assistance” simply by being granted a tax-exempt status. The Safeguarding ...

The Trump administration has asked the Internal Revenue Service (IRS) to revoke Harvard University’s tax-exempt status, sources within the Department of Justice (DOJ) confirmed to Fox News.

Ramkumar R As per the Income-Tax Act, 1961 (the Act), Section 54EC provides an exemption from capital gains tax if the long-term capital gains arising from the sale of land or building (or both ...

The Trump administration in the US asked the IRS to take away Harvard University's tax-exempt status. This action follows claims of inadequate response to antisemitism on campus. The government ...

President Donald Trump escalated his administration’s fight with Harvard University by threatening its tax-exempt status after the school defied the government’s demands to change its policies ...