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Tax-Exempt Mayo Clinic Awarded $11.5M UBIT Refund, Invalidating Treasury Regulations In the Process

In a recent taxpayer win, the United States District Court for the District of Minnesota granted summary judgment in an $11.5 million refund claim brought by the Mayo Clinic (“Mayo”) on the basis that certain Treasury...more

Healthcare Highlights from the GOP’s Tax Reform Plan

The House and Senate negotiators emerged on Friday, December 15, 2017, with a compromise tax reform proposal that would overhaul the Internal Revenue Code for the first time since 1986. Nonprofit hospitals and other...more

Senate Tax Proposal Hits Hospitals, Other Exempt Organizations

On November 9, 2017, Republicans on the Senate Finance Committee announced their plan for reforming the Federal tax code, including several provisions that target charitable hospitals and other tax-exempt organizations. Like...more

Tax Cut and Jobs Act Introduced In House, Could Pose Significant Challenges to Tax-Exempt Healthcare Organizations

Republicans in the U.S. House of Representatives introduced the Tax Cut and Jobs Act, H.R. 1, on November 2, 2017, with the goal of overhauling the nation’s tax code for the first time in 31 years. The House Ways & Means...more

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