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Montana health officials are proposing to oversee and set standards for the charitable contributions that nonprofit hospitals make in their communities each year to justify their access to millions of
Montana is one of the latest states seeking to increase oversight of nonprofit hospitals’ giving to ensure they justify their tax-exempt status.
Director for the Petroleum Tank Release Compensation Board Wadsworth was among those who spoke in opposition to suggested changes to statute. They included limiting the Board’s authority over approving reimbursements for petroleum cleanups, one of its main duties.
On June 21, 2022, the Canada Revenue Agency (CRA) replaced its Transfer pricing memorandum (TPM) on downward transfer pricing adjustments, TPM-03 dated October 20, 2003, with the revised TPM-03R.
Montana health officials are proposing to oversee and set standards for the charitable contributions that nonprofit hospitals make in their communities each year to justify their access to millions of dollars in tax exemptions.