IRS offers safe harbor in physician employment contracts.
Last year, the Internal Revenue Service (IRS) issued Revenue Procedure 93-19 (Rev. Proc. 93-19), which provides guidelines regarding service and other contracts involving facilities financed with tax-exempt bonds. Rev. Proc. 93-19 creates four "safe harbors" for certain contracts signed by tax-exempt organizations that will not jeopardize the organizations' tax-exempt bond interest. Those guidelines and methods for complying with them are the subject of the following article. "Health Law" is a regular feature of Physician Executive contributed by Epstein Becker & Green. Mark Lutes of the law firm's Washington, D.C., offices serves as editor of the column.
Reaves
C F
CF
Epstein Becker & Green, Washington, DC.
D002202:Capital Financing / Q000331:legislation & jurisprudence; D002204:Capitation Fee; D003132:Commerce / Q000191:economics / Q000331:legislation & jurisprudence; D003284:Contract Services / Q000191:economics / Q000331:legislation & jurisprudence*; D004651:Employment / Q000191:economics / Q000331:legislation & jurisprudence; D005251:Fees, Medical; D006077:Government Agencies; D006788:Hospitals, Voluntary / Q000191:economics / Q000331:legislation & jurisprudence*; D016365:Liability, Legal; D010820:Physicians / Q000331:legislation & jurisprudence*; D013660:Taxes / Q000331:legislation & jurisprudence*; D014481:United States