Nonprofits & Tax-Exempt Organizations
Vezina Law Group’s transaction attorneys provide counsel on the tax implications and regulatory considerations inherent in business transactions and collaborative relationships involving not-for-profit entities. We represent entities throughout Michigan in a wide range of business transactions, tax-exempt hospital affiliations and collaborative relationships, providing counsel on corporate structure, mergers, acquisitions, joint ventures, contracting, leasing and strategic planning.
As most hospitals and health care systems are charitable tax-exempt entities, we provide guidance on the qualification for tax exemption and public charity status. We address matters pertaining to private inurement and private benefit, compliance with federal and state nonprofit laws, private foundation rules, intermediate sanctions on excess benefit transactions, unrelated business taxable income, and tax-exempt bond qualification.
Our representation extends beyond the executive suite, as we provide legal research and strategic analysis on the tax consequences of transactions. We work with clients to guide them in the achievement of their strategic goals while maintaining their tax-exempt status.