Nonprofits Are Corporations, 6th Circ. Holds In $9M Tax Suit

By Jimmy Hoover ( August 18, 2016, 5:45 PM EDT) -- The Sixth Circuit on Wednesday denied a Michigan hospital group's bid for $9.1 million in additional tax refunds from the IRS, rejecting the group's argument that it's entitled to a noncorporate interest rate with the finding that "new and old dictionaries" agree that nonprofits are corporations under the law....

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