1999PubMedRequires access

How much profit can a not-for-profit hospital make? A defense of the property tax exemption.

Merz Cm, Stitzel Te

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Abstract

After St. Luke's Regional Medical Center in Boise, Idaho, reported a profit of $18 million, Ada County revoked its property tax exemption as a not-for-profit and billed St. Luke's for $3.4 million in property taxes. This article describes how St. Luke's successfully defended its tax exemption in an appeal to the Idaho Board of Tax Appeals and how proposed legislation would reduce uncertainty about taxation of not-for-profit hospitals in Idaho.

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What this paper is about

After St. Luke's Regional Medical Center in Boise, Idaho, reported a profit of $18 million, Ada County revoked its property tax exemption as a not-for-profit and billed St. Luke's for $3.4 million in property taxes. This article describes how St. Luke's successfully defended its tax exemption in an appeal to the Idaho Board of Tax Appeals and how proposed legislation would reduce uncertainty about taxation of not-for-profit hospitals in Idaho.

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Available abstract

After St. Luke's Regional Medical Center in Boise, Idaho, reported a profit of $18 million, Ada County revoked its property tax exemption as a not-for-profit and billed St. Luke's for $3.4 million in property taxes. This article describes how St. Luke's successfully defended its tax exemption in an appeal to the Idaho Board of Tax Appeals and how proposed legislation would reduce uncertainty about taxation of not-for-profit hospitals in Idaho.

Key concepts: Tax exemption, Appeal, Not for profit, Profit (economics), For profit, Legislation, Business, Tax avoidance

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How much profit can a not-for-profit hospital make? A defense of the property tax exemption. — Research Paper | ScholarLens