IRS Releases Private-Activity Compliance Guide

Barnett, Susanna Duff
June 2004
Bond Buyer;6/22/2004, Vol. 348 Issue 31910, p5
Trade Publication
Reports that the U.S. Internal Revenue Service has published a guide for issuers to use to comply with the agency's rules governing private-activity bonds. Statement of Clifford Gannett, manager of outreach, planning and review for the tax-exempt bond division of IRS, regarding the coverage of the guide on three general areas of tax-exempt bonds; Features of private-activity bond guide to provide information on state volume caps for private-activity bonds and the requirements for private-activity bond issuance; Observation of John Murphy, executive director for the National Association of Local Housing Finance Agencies on the usefulness of the guide for issuers of single-family and multifamily housing bonds.


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