FundRaising Success

You will be automatically redirected to fundraisingsuccessmag in 20 seconds.
Skip this advertisement.

Advertisement
Advertisement
 

Tacoma Council Axes Hospitals' Tax Break

November 29, 2012
Get the Flash Player to see this rotator.
 
The Tacoma, Wash., City Council agreed unanimously Tuesday to cancel a tax break for Tacoma’s nonprofit hospitals and charge drivers a $20 license-tab fee to help the financially strapped city government. The city expects to raise about $5.5 million in 2013-14 by eliminating the tax exemption, which the council already had scaled back in February from a total to a partial break. Smaller health care nonprofits will remain fully exempt, but nonprofits with annual gross income of at least $30 million will pay the full rate, four times what they pay now....

 

COMMENTS

Click here to leave a comment...
Comment *
Most Recent Comments: