September 05, 2023
The Eighth Circuit should revoke an $11.5 million tax refund for the Mayo Clinic because it runs a major operation providing health care to patients, disqualifying it from a tax exemption for unrelated business income meant for educational institutions, the government told a Minnesota federal court.
March 22, 2023
The federal government must pay the Mayo Clinic nearly $1.6 million in interest on a recently awarded $11.5 million tax refund, a Minnesota federal court said Wednesday, rejecting the government's request to leave the interest amount unspecified to offset future debts.
February 27, 2023
The Mayo Clinic correctly calculated and showed that the U.S. government owes it more than $1.56 million in interest on the $11.5 million tax refund a Minnesota federal court awarded it, the organization told the court.
December 22, 2022
During a consequential year, the U.S. Supreme Court allowed a House panel to get former President Donald Trump's tax returns and found the U.S. Tax Court could hear a firm’s day-late challenge regarding a levy it faced. Here, Law360 reviews some of the most significant federal tax decisions of 2022.
November 23, 2022
The Mayo Clinic is entitled to an $11.5 million refund of unrelated business income tax, a Minnesota federal court ruled, finding the organization serves an educational purpose that exempts it from the tax.
April 08, 2022
The Mayo Clinic's CEO is too busy and doesn't have enough first-hand knowledge to justify his presence at a trial in the organization's bid for an $11.5 million tax refund, the clinic told a Minnesota federal court Friday.
October 06, 2021
A Minnesota federal court judge scheduled a trial next April in the Mayo Clinic's bid for an $11.5 million tax refund.
August 25, 2021
A Minnesota federal court should skip a trial in the Mayo Clinic's bid for an $11.5 million tax refund, the U.S. government argued, while the nonprofit said a trial should be used to determine whether it's a refund-eligible educational organization.
August 06, 2019
The government exceeded its authority when it created extra requirements for groups to qualify as tax-exempt educational organizations, a Minnesota federal judge said Tuesday in awarding the Mayo Clinic an $11.5 million tax refund.
May 28, 2019
The Mayo Clinic should be granted an $11.5 million tax refund because it clearly meets the definition of an educational organization exempt from taxation on its debt-financed real estate investments, the clinic told a Minnesota federal court.