pros and cons of tax paying for non profit hospitalsSolution

pros and cons of tax paying for non profit hospitals.

Solution

Non profit hospitals means hospitals which are not trying to make profits, they are established for providing services to the society. These are run by the charities. These are playing a important role in the society. Millions of people are served by these hospitals.

Pros of tax paying for non profit hospitals

It provides status in the society.

It will useful to provide tax deduction of source forms to sponsors

If non profit hospitals pay tax, government will provide some support

Cons of tax paying for non profit hospitals

If non profit hospitals pay tax, it will face more financial problems

It will not pay sufficient salaries for staff, if it pay tax

Main objective of non profit hospitals is to provide services and income level in these hospitals are very low, so it will difficult to pay taxes