Does the affordable care act affect the obligations of tax

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Assignment:

In what way, if any, does the Affordable Care Act affect the obligations of tax-exempt charitable hospitals?

A) The Affordable Care Act imposes some additional obligations on charitable hospitals to maintain their tax-exempt status, but it does not require charitable hospitals to provide a specific amount of charity care each year.

B) The Affordable Care Act requires charitable hospitals to provide a specific amount of charity care each year to maintain their tax-exempt status.

C) None of the answers listed are correct.

D) The Affordable Care Act imposes a new requirement that charitable hospitals must provide services to everyone in the community who is able to pay to maintain their tax-exempt status.

Reference no: EM133228629

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