Lack of Response Forces the IRS To Cancel Private-Activity Hearing
- IRS to Audit 40 Deals Over Penalties. Duff, Susanna // Bond Buyer;11/26/2002, Vol. 342 Issue 31521, p1
Reports on the plans of the U.S. Internal Revenue Service (IRS) to audit 40 tax-exempt governmental bond issues beginning January 2003. Reasons for the audit; Areas to be examined by IRS; Penalty for the issuers not meeting payment requirements of arbitrage.
- IRS seeks to clarify tax-exempt bond use. // ENR: Engineering News-Record;5/9/94, Vol. 232 Issue 19, p16
Reports on the United States Internal Revenue Service's proposed rule on the use of tax-exempt bond by industrial wastewater dischargers and municipalities considering privatization of sewerage plants. Clarification of what types of wastewater treatment facilities are entitled to use of...
- Short on Speakers, IRS Cancels Acquisition-Financing Meeting. Kinnander, Ola // Bond Buyer;8/1/2002, Vol. 341 Issue 31440, p4
Reports the decision of the U.S. Internal Revenue Service to postpone its public hearing on the proposed acquisition and financing rules. Issuance of tax-exempt hospital merger debt; Factors contributing to the delay of the hearing; Administration of the tax-exempt bond enforcement program.
- Lakeland, Fla., Health Bonds Under Audit. Hume, Lynn // Bond Buyer;2/7/2011, Vol. 375 Issue 33462, p6
The article reports that the Internal Revenue Service (IRS) audited the hospital revenue bonds worth 60 million dollars of the Lakeland Regional Health Systems in Lakeland, Florida.
- Tennessee's Johnson City Receives Proposed Adverse Determination From IRS. McConnell, Alison L. // Bond Buyer;11/6/2006, Vol. 358 Issue 32502, p6
The article reports on the proposed adverse determination received by the Johnson City, Tennessee from the U.S. Internal Revenue Service (IRS). The deal will become final if not appealed by the city. Most proceeds from the sale were allocated in government securities in an escrow held by...
- Court's shift on housing bond tax ruling could hurt California investors' appeal. Stanton, Michael // Bond Buyer;08/15/97, Vol. 321 Issue 30210, p1
Reports that a federal appeals court has amended its decision upholding the US Internal Revenue Service's ability to tax investors Harbor Bancorp, Edward and Elena Keith in California's Riverside County Housing Authority bond issue. Replacement of controversial language; Absence of effect on...
- IRS Sees Arbitrage Gain In Workout of Dirt Bonds. Kinnander, Ola // Bond Buyer;09/06/2000, Vol. 333 Issue 30969, p1
Reports on the United States Internal Revenue Service's (IRS) issuance of a field service advice memo stating its refusal to tax-exempt bonds that are backed by Treasury securities. Intent of the IRS to crack down on unusual bond transactions that are inconsistent with revenue procedures; Cases...
- Orange County, IRS settle audit of 1994 trans issue. Figler, Andrea // Bond Buyer;10/01/98, Vol. 326 Issue 30490, p1
Reports on the United States Internal Revenue Service's (IRS) acceptance of a proposal by Orange County, California to pay $803,000 to settle an arbitrage claim on $200 million of short-term notes issued in 1994. Value of the county's tax and revenue anticipation notes that the IRS found to be...
- IRS Asks San Diego About $15.3M Refunding in '03. Saskal, Rich // Bond Buyer;1/27/2006, Vol. 355 Issue 32307, p4
The article reports that the United States Internal Revenue Service (IRS) has asked San Diego to supply documents related to a lease-revenue refunding deal in 2003. The city filed a copy of the request with the nationally recognized municipal securities information repositories. The IRS...