The Eighth Circuit should overturn a ruling that found the Mayo Clinic’s intertwined medical and educational purposes qualified it for a tax exemption on certain business income for educational institutions, the U.S. government argued, saying a recent Fifth Circuit ruling supports its argument that only exclusively educational organizations qualify.
Mayo Shouldn’t Get Tax Break For Education, 8th Circ. Told
by usoftax_admin | Oct 30, 2024 | Tax News