Significant Tax Exemption Concerns Arise for the Health Care Industry - McDermott Will & Emery

Significant Tax Exemption Concerns Arise for the Health Care Industry

Overview


Michael Peregrine and Erika Mayshar wrote this bylined article on provisions included in and considered for the Tax Cuts and Jobs Act, which the authors say show “increasing Congressional skepticism that nonprofit hospitals and health systems deserve the benefits associated with tax exempt status.” They urged, “greater organizational effort … to support continued claims to overall tax exempt status. This includes a governing board that will be more engaged in assuring operation for charitable purposes.”