The Supreme Court has ruled that "closely held corporations" cannot be required to provide contraceptives to their employees, SCOTUSBlog reports. The Internal Revenue Service defines closely-held corporations as one that "has more than 50% of the value of its outstanding stock owned (directly or indirectly) by 5 or fewer individuals at any time during the last half of the tax year; and is not a personal service corporation."
Supreme Court: 'Closely-held corporations' exempt from birth control mandate
By
Sarah Kliff