IRS Takes On Tran Pools

Barnett, Susanna Duff
August 2004
Bond Buyer;8/17/2004, Vol. 349 Issue 31949, p1
Trade Publication
Reports that the U.S. Internal Revenue Service (ISR) is focusing on arbitrage results related to pooled tax revenue anticipation notes, according to Charles Anderson, an enforcement official. Settlements reached by the IRS with several issuers in such cases since 2003; Plan of IRS to focus on Trans Pool audits; Investigation of at least two underwriters or bond counsel involved in Trans Pool.


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