IRS Queries Fla. Tribe's Use of Bonds

Sigo, Shelly
May 2004
Bond Buyer;5/7/2004, Vol. 348 Issue 31879, p1
Trade Publication
Reports that the United States Internal Revenue Service (IRS) is questioning the Seminole Indian Tribe of Florida's use of tax-exempt bonds to finance the construction of hotel and casino complexes in the United States. Decision of IRS to question the amount of issuance costs; Private activity bonds; Agency's request for a comprehensive list of documents concerning the issuance of Series 2002A bonds.


Related Articles

  • IRS: Issuer's CABs Would Be Tax-Free. Duff, Susanna // Bond Buyer;12/31/2002, Vol. 343 Issue 31543, p1 

    Reports on the U.S. Internal Revenue Service (IRS) ruling that an unidentified issuer can synthetically create tax-exempted capital appreciation bond (CAB). Benefits of the ruling to the issuer; Implications of the bond for start up firms; Comparison of CAB with conventional interest bonds;...

  • Shady Deal? Participants May Face IRS. Barnett, Susanna Duff // Bond Buyer;4/14/2004, Vol. 348 Issue 31862, p1 

    Reports on the investigation of the U.S. Internal Revenue Service on the tax-exempt bond transactions. Examination of the tax returns of participants of the deals; Focus of the agency on abusive bond transactions; Discovery of anomalies in bond transactions.

  • VCAP Gaining Popularity. Barnett, Susanna Duff // Bond Buyer;8/4/2004, Vol. 349 Issue 31940, p1 

    Reports on the rise in the number of requests made to the U.S. Internal Revenue Service's (IRS) tax-exempt bond division from issuers seeking to voluntarily resolve inadvertent errors on transactions. Number of voluntary agreements during four months in 2004; Voluntary compliance agreement...

  • IRS Audits May Follow Surveys. Schroeder, Peter // Bond Buyer;12/4/2008, Vol. 366 Issue 33016, p1 

    No abstract available.

  • Market to See `Lots of' Audits Unfolding Over the Summer. Kinnander, Ola // Bond Buyer;05/15/2000, Vol. 332 Issue 30891, p1 

    Reports on the expected unveiling of the results of United States Internal Revenue Service (IRS) audits of tax-exempt bond issues over summer 2000. Involvement of bonds issued primarily in solid waste, stadiums and 501(c)(3) organization; Issuance of results part of settlement agreements...

  • IRS Audits $25M Deal for Retirement Center in New Jersey. Barnett, Susanna Duff // Bond Buyer;3/18/2004, Vol. 347 Issue 31844, p5 

    Focuses on the audit of the tax-exempt bonds by the U.S. Internal Revenue Service from the Camden County Improvement Authority for possible violations of the private-activity bond rules. Worth of tax-exempt bonds issued by the authority; Requests for information related to the authority's...

  • IRS Contemplating Adding Tax-Exempt Bond Schedule to Its Form 990. McConnell, Alison L. // Bond Buyer;6/15/2007, Vol. 360 Issue 32651, p4 

    The article reports on the proposed plan of U.S. Internal Revenue Service (IRS) to add tax-exempt bond schedule to its Form 990. According to sources, the new schedule would require public charities and other tax-exempt groups to report data about private use of their bond-financed facilities...

  • IRS Enforcement Imperils Tax-Exempt Bonds (Part I). Kennard, Alan L. // Corporate Business Taxation Monthly;Nov99, Vol. 1 Issue 2, p14 

    Part I. Discusses the implication of the decision of the U.S. Internal Revenue Service (IRS) to increase audit and enforcement activities on the status of tax-exempt bonds. Cases which are under examination by the IRS; Effect of the increase in IRS enforcement activities on the relationship...

  • IRS Investigating Full Release of Tribal Deal FSA. McConnell, Alison L. // Bond Buyer;11/23/2005, Vol. 354 Issue 32265, p44 

    Reports on the investigation on the full release of Indian tribal bond financing, by the U.S. Internal Revenue Service. Existence of substantial litigating hazards in tax-exempt bond enforcement agents; Conditions for the qualification of Indian tribes as issuer of tax-exempt bond; Analysis on...


Read the Article


Sign out of this library

Other Topics