Baptist Health assembles legal team for IRS fight to keep 501(c)(3) status

McEntee, Christopher
February 1998
Bond Buyer;02/12/98, Vol. 323 Issue 30330, p43
Trade Publication
Reports on Baptist Healthcare System's (BHS) mounting of its legal defense against the claims of the US Internal Revenue Service (IRS) that the firm jeopardized the tax-exempt status of $270 million worth of bonds. Allegations of the IRS on BHS' acquisition of physician practices; Plans of the IRS to revoke the tax-exempt status of the company; Impact of the IRS move to BHS bond prices.


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