The Internal Revenue Service does not have the statutory power to withdraw a previously issued letter revoking the charitable status of a nonprofit organization or the accompanying report that spelled out the reasons for the decision. The Tax Court has denied the request from an organization that reached a settlement with the IRS that involved withdrawing the original notice and issuance of a new one. An organization lost its 501(c)(3) exempt status retroactively after an IRS investigation. The original revocation letter was accompanied by a report that included a statement that the organization’s activities resulted in substantial private benefit. The organization objected to the action...