Tax and Medicare aspects of hospital malpractice insurance (Part 2).
Any discussion of tax exemption for malpractice insurance associations must begin by recognizing that, although the tax-exempt status of certain forms of malpractice associations eventually should be recognized by the courts or Congress, resistance will presently be met from the Internal Revenue Service (IRS). For this reason, the authors focus first on the various possibilities for exemption under the Internal Revenue Code, second on the IRS position with respect to these different modes of exemption, and third on the type of arguments that can and should be made to support a claim to exemption.
D007183:Income Tax / Q000331:legislation & jurisprudence*; D007351:Insurance, Liability / Q000331:legislation & jurisprudence*; D012952:Societies / Q000331:legislation & jurisprudence*; D012954:Societies, Hospital / Q000331:legislation & jurisprudence*; D014481:United States