Dmh Real Estate Holdings Inc

PART X, LINE 2:

“Dmh real estate holdings, inc. Is a nonprofit corporation described in section 501(c)(3) of the internal revenue code (the code) and under the provisions of chapter 220.13 of the florida income tax code and are exempt from federal and state income taxes on related income pursuant to section 501(a) of the code. Accordingly, no provision for income taxes is made in the accompanying financial statements. The code provides for taxation of unrelated business income under certain circumstances. The district does not have any significant unrelated business income that would be subject to tax. Holdings files a form 990 (return of organization exempt from income tax) annually. When the returns are filed, it is certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would ultimately be sustained. Examples of tax positions common to health systems include such matters as the tax-exempt status of each entity and various positions relative to potential sources or amounts of unrelated business taxable income. Tax positions are not offset or aggregated with other positions. Tax positions that meet the more likely than not recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely to be realized on settlement with the applicable taxing authority. There were no unrecognized tax benefits identified nor recorded as a liability as of september 30, 2024. Forms 990 and 990t filed by holdings are generally subject to examination by the internal revenue service (irs) up to three years from the extended due date of each return. Forms 990 and 990t filed by this entity are generally no longer subject to examination for the fiscal years ended september 30, 2019, and prior.”