K Hospital is a 100-bed hospital organized for charity patients. However, out of its 100-bed capacity, 40
Fantastic news! We've Found the answer you've been seeking!
Question:
K Hospital is a 100-bed hospital organized for charity patients. However, out of its 100-bed capacity, 40 beds are allotted for paying patients, while the rest are intended for charity patients. The revenues generated from these paying patients, however, are being used to improve the facilities of the hospital.
Can said hospital claim exemption from income as well as real property taxes relying on the 1987 Constitution? Explain.
Related Book For
Posted Date: