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Tax agency refuses to say why it yanked Blue Shield’s tax-exempt status
Sacramento Business Journal

Although the news broke Wednesday that Blue Shield of California’s tax-exempt status had been revoked, the Franchise Tax Board made that ruling in late August, roughly six and a half months ago.

Details are sketchy, but that’s likely to mean the San Francisco-based health care insurer could be liable for tens of millions of dollars in state taxes.

Denise Azimi, a tax board spokeswoman, says it doesn’t make public announcements when it revokes non-profit tax status, doesn’t make audits public and doesn’t explain why an organization loses its tax-exempt status.

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