Are hospitals exempt from taxes 2024?
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Studied at the University of Manchester, Lives in Manchester, UK.
The majority of hospitals in the United States operate as nonprofit organizations and, as such, are exempt from most federal, state, and local taxes. This favored tax status is intended to be an acknowledgement of the "community benefit" provided by these institutions.
2023-05-12 03:20:56
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Lincoln Wilson
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The majority of hospitals in the United States operate as nonprofit organizations and, as such, are exempt from most federal, state, and local taxes. This favored tax status is intended to be an acknowledgement of the "community benefit" provided by these institutions.