Trump could strip Soros foundation of tax exemptions – media

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The US Treasury Department is gearing up to launch a sweeping audit of left-wing nonprofits, according to the New York Post US Treasury Secretary Scott Bessent and the Internal Revenue Service (IRS) are close to stripping multiple left-wing nonprofits, including George Soros’ Open Society Foundations (OSF), the Southern Poverty Law Center, and the Council on American-Islamic Relations (CAIR), of their tax-free status, the New York Post has reported, citing sources familiar with the matter.President Donald Trump has repeatedly threatened action against left-leaning charitable nonprofits and the OSF in particular, accusing them of fueling “violent protests” and damaging the country. The drive against the nonprofits picked up in the aftermath of the assassination of conservative activist Charlie Kirk in September last year, when Trump designated the loosely organized Antifa movement, backed by left-wing nonprofits, as a “domestic terrorist organization.”At the time, US media reported that the US Department of Justice was pushing prosecutors to go after the OSF. The DoJ reportedly offered a range of potential charges to look into, including material support for terrorism, racketeering,...

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