Hospital Systems Optimistic Following Latest Settlement
- IRS approves trusts' use of settlements. Hofmann, Mark A. // Business Insurance;9/27/93, Vol. 27 Issue 40, p23
Reports on the Internal Revenue Service's (IRS) approval of the use of structured settlements by certain trust funds established to resolve claims in mass tort cases. Response to a petition from the National Structured Settlements Trade Association (NSSTA); IRS guidelines in implementing Section...
- IRS may take tax bite from MedStar bond interest. Costello, Mary Ann // AHA News;08/14/2000, Vol. 36 Issue 32, p8
Focuses on the federal income tax payment of MedStar Health Inc. from its bond interest. Information on the findings of the United States Internal Revenue Service; Details on the bond interest of the company; Views on taxation in the health system.
- MedStar First to Settle IRS Audit. Tovino, Stacey A. // Venulex Legal Summaries;2002 Q3, p1
The article reports on the decision of MedStar Health to pay the U.S. Internal Revenue Service (IRS) $500,000 to resolve a 3 year-old audit of its bonds. The bonds' tax-exempt status will be preserved under the settlement. Out of the seven hospital systems under the review of the IRS, MedStar is...
- Fast Track Your Ins Disputes. Van Vleet, Daniel R.; Gibbs, Lawrence B. // Trusts & Estates;Jun2009, Vol. 148 Issue 6, p37
The article offers information on the Fast Track Settlement (FTS) program developed by the U.S. Internal Revenue Service (IRS). The FTS was created after the IRS received several complaints about the time and expense associated with the Office of Appeals (Appeals) of the IRS and U.S. Tax Court...
- IRS sending message on novel bond deals. Jaklevic, Mary Chris // Modern Healthcare;05/29/2000, Vol. 30 Issue 22, p36
Focuses on the acquisition financing deals under the United States Internal Revenue Service audit. Details on the bond issue used to create Ascension Health; Rates of the variable-rate debt increase of MedStar Health; Implications of the audits on tax-exempt bond market.
- IRS taking a closer look. Jaklevic, Mary Chris // Modern Healthcare;08/14/2000, Vol. 30 Issue 34, p6
Focuses on the United States Internal Revenue Service's (IRS) probe of healthcare acquisition financing. Focus of the government's probe; Information on IRS inquiry of the tax-exempt bond of MedStar Health; Information on the acquisition financing deals of Clarian Health Partners.
- MERCK'S $2.3 BILLION TAX SETTLEMENT. // Practical Accountant;Apr2007, Vol. 40 Issue 4, p8
The article reports on the $2.3 billion settlement between the Internal Revenue Service (IRS) and global pharmaceutical giant Merck & Co. Inc. to dissolve the disputed tax issues in the U.S. The settlement would eradicate several issues involving Merck including the use of minority equity...
- The Risk-Free, Tax-Free Structured Settlement. Snyder, Dave // Risk Management (00355593);May85, Vol. 32 Issue 5, p38
This paper provides information on the structured settlement process. The purpose of a structured settlement is to defer the full payment of a claim over a period of time. As early as 1917, the U.S. Internal Revenue Service (IRS) held that money received for compensation of an injury need not be...
- Charming Shoppes Reaches $23.5 Settlement With IRS. Burrows, Dan // WWD: Women's Wear Daily;4/23/2003, Vol. 185 Issue 83, p12
Reports on the settlement reached by Charming Shoppes Inc. with the U.S. Internal Revenue Service. Result of audit of corporate-owned life insurance program; Estimation of settlement cost; Surrender of life insurance policies.