PPACA & Tax-Exempt Status – More On The Horizon

Yesterday, my colleague Sarah C. Threnhauser outlined the effect of the Patient Protection and Affordable Care Act (PPACA) on individuals (see It’s Tax Day! What Does That Mean For The Uninsured?) – particularly the tax penalties for uninsured individuals. But the PPACA is likely to have another big tax effect – the reexamination of the tax-exempt status of non-profit health care organizations.

Challenges to non-profit tax-exempt status in the field are not new, and we've covered a few:

Illinois Catholic Hospital Loses Tax Exempt Status
Illinois Department of Revenue Decision Regarding Property Tax Exemptions Requested by . . .