TITLE

IRS rules bonds for mining equipment are taxable

AUTHOR(S)
Resnick, Amy B.
PUB. DATE
February 1999
SOURCE
Bond Buyer;02/02/99, Vol. 327 Issue 30570, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Highlights the United States Internal Revenue Service's ruling on the taxation of bonds issued to finance mining equipment. Controversy on whether mining and crushing limestone are considered as manufacturing; History behind the law on using bonds for manufacturing.
ACCESSION #
1520797

 

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