Referral Model Means No Tax Exemption For Texas Health Co.
By Catherine Marfin ( September 5, 2024, 8:14 PM EDT) -- The commissioner of the U.S. Internal Revenue Service told a Fifth Circuit panel Thursday that the U.S. Tax Court got it right when it barred a Texas company that coordinates healthcare for chronically ill patients from claiming tax-exempt status, telling the court that secondary social welfare effects of the company's business model aren't enough to establish tax-exempt status....
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