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Physicians Not Entitled to Charitable Deductions in Sale of Practice to Nonprofit |
July 18, 2008
Previously published on June 2008
A group of individual physicians were not entitled to claim charitable tax deduction for the sale of intangible assets of their group practice to a tax exempt organization, the U.S. Tax Court ruled on February 28, 2008.
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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