(McMinnville, OR, October 21, 2014) Transaction Tax Resources, Inc. (TTR), the leading provider of sales and use tax answers, announces the release of nonprofit hospital tax answers.
For years, TTR has provided tax answers for all kinds of purchases by a for-profit hospital - from iodine to oxygen tanks to surgical staplers. Now, TTR has expanded its healthcare content to address purchases of these same items by nonprofit hospitals.
Many states treat purchases by nonprofit hospitals very differently than they treat purchases by for-profit hospitals. TTR now provides tax answers for purchases by nonprofit hospitals. TTR also provides what sellers and buyers must do to take advantage of any nonprofit hospital exemptions.
With this new content, TTR comprehensively covers all medical sales to every hospital in the United States.