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Article: Congress Examining Tax-Exempt Groups
- Article from:
- AP Online
- Article date:
- June 21, 2004
- Author:
CopyrightThis material is published under license from the Associated Press. All inquiries regarding rights should be directed to the Associated Press. (Hide copyright information)
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MARY DALRYMPLE, AP Tax Writer
AP Online
06-21-2004
Dateline: WASHINGTON
Lawmakers are taking a close look at charities and tax-exempt organizations such as universities and hospitals to assess claims that nonprofit groups are using their legal status as a cover for criminal behavior.
Millions of groups that claim nonprofit motives use the tax-exempt status. It can apply to charities, foundations, credit unions, civic leagues, political associations, farmers' cooperatives, mutual insurance associations and religious orders.
In the House, the pricing practices of tax-exempt and other hospitals are the subject of a Ways and Means subcommittee hearing Tuesday.
Witnesses set to appear Tuesday ...