Home » IRS Issues Notice 2014-67, Providing Guidance on Accountable Care Organizations and Management Contracts

IRS Issues Notice 2014-67, Providing Guidance on Accountable Care Organizations and Management Contracts

By Michael Cullers on October 24, 2014 Posted in Management contracts/Rev. Proc. 97-13/Rev. Proc. 2016-44/Rev. Proc. 2017-13, Private Activity, Private Business Use

The Internal Revenue Service today issued Notice 2014-67, a copy of which is linked below. This Notice provides long-awaited guidance on the extent to which private business use of a tax-exempt bond-financed facility results from participation in an accountable care organization. This Notice also amplifies existing guidance under Revenue Procedure 97-13 regarding the types of management contracts that do not give rise to private business use of a tax-exempt bond-financed facility. After we’ve carefully reviewed and reflected on the Notice, we will post a more detailed analysis of it.

IRS Notice 2014-67