James R. King Partner, Chair of the Health Care Practice's Tax-Exempt Organization and Corporate Governance Team Jones Day

A member of Jones Day's tax and health care practices, Jim is chair of the health care practice's tax-exempt organization and corporate governance team. Focusing on nonprofit and tax-exempt organizations and health care, he counsels clients on tax, transactional, regulatory, and corporate governance matters. Representative tax-exempt health care clients include Bon Secours Health System, Catholic Health Initiatives, the Cleveland Clinic, Iowa Health System, Loyola University Health System, ProMedica Health System, Sentara Health System, and the University of Pittsburgh Medical Center. Representative clients outside the health care field include the Columbus Foundation, the Internet Corporation for Assigned Names and Numbers, the Mandel Supporting Foundations, the Ohio Business Roundtable, the Ohio Farm Bureau Federation, and the Robert W. Woodruff Arts Center.

Representative projects for clients include assisting health care clients in responding to recent IRS compliance check questionnaires regarding community benefit and executive compensation practices, assisting clients in state tax exemption challenges based on allegations that clients have provided an insufficient amount of community benefit, advising clients regarding the impact of FIN 48 requirements on tax-exempt organizations, and counseling clients regarding the expanded public disclosures required by the IRS's proposed redesign of the Form 990. Jim also has significant experience with federal tax controversies, having responded to the recent focused IRS audits regarding compensation, as well as more traditional large case federal income tax controversies and U.S. Tax Court litigation. In the recent wave of nonprofit hospital billing cases, Jim represented nine hospital systems with regard to tax issues. He has also counseled tax-exempt health care clients responding to congressional inquiries regarding tax exemption matters, including three of the 10 large health care systems that recently received letters from the Senate Finance Committee regarding community benefit, charity care, joint ventures, and executive compensation.

During 2006, Jim was appointed to the Ohio Tax Commissioner's Advisory Council on Hospital Tax Exemption Matters, and during 2006, he was also appointed to the Ohio Attorney General's Ad Hoc Advisory Council on Charitable Trust Organizations. Jim is listed in The Best Lawyers in America in the tax, corporate, and health care areas; and he is a member of the American Health Lawyers Association (AHLA), where he has served as chair of AHLA's Charity Care Task Force and is currently a vice chair of the Tax and Finance Practice Group. In July 2007, Jim was appointed by the president of the Ohio State Bar Association to serve as a member of the Bar Association's Constitutional Review Task Force. In addition, Jim frequently writes and speaks on matters concerning nonprofit and tax-exempt organizations.

Admitted
Ohio

Education
Miami University (B.A. 1968); The Ohio State University (Associate Editor, Law Journal; Order of the Coif; J.D. 1974) 

Publications
Tax Compliance for the New Millennium: IRS Releases Discussion Draft of Redesigned Form 990, Part 2, HCCA Compliance Today, Vol. 9, No. 10, October 2007   

Tax Compliance for the New Millennium: IRS Releases Discussion Draft of Redesigned Form 990, Part 1, HCCA Compliance Today, Vol. 9, No. 9, September 2007

IRS Mandates Heightened Transparency in Redesigned Form 990, Health Lawyers News, Volume 11, Number 8, August 2007

Impact of IRS’s Draft Redesigned Form 990 on Tax-Exempt Healthcare Organizations, Health Lawyers Weekly (Vol 5, No. 25), June 22, 2007