• Imagine you are a tax attorney and consultant to Doctors Hospital (a for-profit, physician-owned hospital). You are scheduled to present to the Board of Directors the advantages of converting the hospital to not-for-profit tax status.
  • As the tax attorney and consultant, what are your arguments for converting the hospital to a not-for-profit tax status? Expound on whether it is more beneficial for the hospital to change its tax status or remain the same. Provide references to support your rationale.
  • What do you believe the board will decide? To keep the for-profit tax status or change it to a not-for-profit tax status?