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Taxation & Estate Planning

: TaxProf Blog

Illinois Supreme Court Revokes Tax-Exempt Status of Hospital for Not Being Charitable Enough

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The Illinois Supreme Court yesterday upheld a state tax review board's decision to end a hospital's tax-exempt status because the hospital's charity care equaled less than 1% of its revenues. Provena Covenant Medical Center v. Department of Revenue, No. 107328 (Ill. Mar. 18, 2010). Associated Press, Ill. High Court: Hospital...

Full post as published by TaxProf Blog on March 19, 2010 (boomark / email).

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