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Abstract

I. Introduction

II. Recent Developments

III. The Issues … A. The Section 502 Argument and Associated Hospital … 1. The Validity of the Section 502 Regulations … a. The Background of the Section 502 Regulations … b. The Hospital Bureau Case … c. Congressional Response to IRS Tenacity—Section 501(e) … d. Associated Hospital—A Break with Precedent … 2. The Application of Section 502 in Associated Hospital … B. The Section 501(c)(3) Argument

IV. Conclusion

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