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HOSPITALS' TAX EXAM.

Authors :
Colias, Mike
Source :
Crain's Chicago Business; 4/26/2010, Vol. 33 Issue 17, p1-10, 2p
Publication Year :
2010

Abstract

The article focuses on a ruling of an Illinois Supreme Court, which casts uncertainty over a backlog of more than 15 requests for major tax breaks from local hospitals. It is stated that state officials are getting prepared to decide the fate of property tax exemptions worth tens of millions of dollars for some of the biggest hospitals of Chicago. Also mentioned is that the state law doesn't define an appropriate charity level for hospitals, and the ruling didn't specify a benchmark.

Details

Language :
English
ISSN :
01496956
Volume :
33
Issue :
17
Database :
Supplemental Index
Journal :
Crain's Chicago Business
Publication Type :
Periodical
Accession number :
50388735