News

In the News Press Release

1 Size Does Not Fit All NJ Hospital Property Tax Exemptions

Publisher: Law360
July 13, 2015

Christopher John Stracco and Michael James Guerriero wrote the article, “1 Size Does Not Fit All NJ Hospital Property Tax Exemptions,” in Law360. The article discusses a decision issued on June 26 by the Tax Court of New Jersey that could have far ranging impact on other nonprofit hospitals in New Jersey. The Tax Court of New Jersey invalidated a significant portion of the real property tax exemption of Morristown Medical Center, a facility which is part of the Atlantic Health System. The Tax Court found that certain aspects of the hospital were making profit, which disqualified it from qualifying for a non-profit.  

Download full article
Recommended
Related Professionals
Parsippany, NJ
T: (973) 966 8220