In recent weeks, we’ve highlighted provisions of the House and Senate tax bills that impact tax-exempt bonds. However, the bills contain other provisions which may have a significant impact on tax-exempt organizations, including hospitals and other tax-exempt health care providers. Specifically, provisions in the bills regarding charitable giving, tax-favored financing, governance and compensation, political activity, unrelated business taxable income, and others will be of significant importance to tax-exempt entities should either bill be adopted in current or modified form. Our tax experts have prepared an extensive summary which discusses the relevant provisions in detail. The summary may be found here.
