Supreme court upholds health care law

By: Schreiber, Sally P [author]
Contributor(s): Nevius, Alistair M [author]
Language: English Set: Supreme court upholds health care lawCopyright date: 2012 In: Journal of Accountancy Vol. 214 Issue 2: (August 2012), pages 12-14Summary: The article reports that the U.S. Supreme Court has declared the Internal Revenue Code (IRC) Section 5000A legislation requiring U.S. citizens and residents who do not maintain minimum health coverage to pay a tax is permissible under the U.S. Constitution, and discusses health-related provisions under the Patient Protection Act and the Health Care and Education Reconciliation Act of 2012. Topics include small business tax credits, taxes on indoor tanning services, and regulations for charitable hospitals.
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The article reports that the U.S. Supreme Court has declared the Internal Revenue Code (IRC) Section 5000A legislation requiring U.S. citizens and residents who do not maintain minimum health coverage to pay a tax is permissible under the U.S. Constitution, and discusses health-related provisions under the Patient Protection Act and the Health Care and Education Reconciliation Act of 2012. Topics include small business tax credits, taxes on indoor tanning services, and regulations for charitable hospitals.

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