Attorneys and Issuers Seek Clarification on Proposed Changes

Newman, Emily
March 2005
Bond Buyer;3/23/2005, Vol. 351 Issue 32096, p5
Trade Publication
Reports that bond lawyers and issuers has asked the Internal Revenue Service and the Treasury Department to clarify proposed changes to their Circular 230 regulations that could increase borrowing costs and market complexity. Public hearing held to let bond market participants elaborate on previous written comments or present new suggestions; Responsibilities of the lawyers writing state or local bond opinions for tax-exempt bond deals; Overview of the messages of the speakers delivered at a public hearing;


Related Articles

  • Participants Seek Treasury Guidance on Recent Tax Packages. McConnell, Alison L. // Bond Buyer;11/3/2006, Vol. 358 Issue 32501, p4 

    The article focuses on the recommendations of bond lawyer Mitchell Bragin concerning the technical application of the Gulf Opportunity Zone Act in the U.S. Mitchell suggested changes to the two recently enacted tax packages to tax-exempt bonds. It was believed that the changes would make it...

  • Treasury's tax plan for Fasit structure gets BMA critique. Tempkin, Adam // Investment Dealers' Digest;07/10/2000, Vol. 66 Issue 28, p9 

    Reports that the Bond Market Association has asked the United States Treasury Department and the U.S. Internal Revenue Service to change some tax regulations. Petition for a revision of the Treasury's proposed guidelines for financial asset securitization investment trusts; Imposition of the...

  • All Eyes on Tax Regulation. McConnell, Alison L. // Bond Buyer;1/2/2007, Vol. 358 Issue 32539, p1 

    The article reports on the projected status of the municipal bond market in the U.S. for 2007. The Treasury Department and the Internal Revenue Service will focus on tax regulations for the year. And it was believed that working with federal regulators on the development of guidance and rules...

  • Enforcement: SEC Official Warns Against Non-Disclosure of IRS Letters. Hume, Lynn // American Banker;2/24/2006, Vol. 171 Issue 37, Special section p5 

    This article discusses some warnings given by Martha Mahan Haines of the Securities and Exchange Commission about the failure of bond traders to disclose to investors that they have received a preliminary determination letter from the IRS. Haines also gave the bond lawyers some recommendations...

  • Closing Agreement Regulations Spark Concern. Schroeder, Peter // Bond Buyer;4/25/2008, Vol. 364 Issue 32865, p4 

    The article reports on a notice released by the U.S. Department of the Treasury's Office of Chief Counsel on April 21, 2008. The agency's notice on publicizing Internal Revenue Service closing agreements with issuers and other taxpayers has sparked concerns among some bond lawyers. It details...

  • Beyond the ARS Collapse. Ackerman, Andrew; Herman, Jack; Temple-West, Patrick // Bond Buyer;3/4/2009, Vol. 367 Issue 33074, p1 

    The article reports on the push of bond attorneys to use a new type of taxable bond program authorized by the U.S. Congress to refund some of auction-rate securities. The lawyers are planning to urge the officials of Department of the Treasury and Internal Revenue Service to provide guidance...

  • Bond Lawyers Highlight Tax Issues For IRS-Treasury Guidance Wish List. Newman, Emily // Bond Buyer;5/5/2005, Vol. 352 Issue 32126, p5 

    The article reports that the National Association of Bond Lawyers (NABL) has asked the U.S. Internal Revenue Service and the U.S. Dept. of the Treasury to tackle projects to provide new guidance on state and local government record-keeping requirements for tax-exempt bonds. The items are...

  • CIRCULAR 230'S IMPACT.  // Practical Accountant;Dec2005, Vol. 38 Issue 12, p9 

    The article reports on the issuance of a revised final regulations amending Circular 230 as part of an effort to improve ethical standards for tax professionals and curb abusive tax avoidance transactions by the Treasury Department and Internal Revenue Service in the U.S. They apply to tax...

  • Lawyer: Issue Price Rules Will Change. Jagoda, Naomi // Bond Buyer;3/31/2014, Vol. 123 Issue 34084, p1 

    The article mentions that bond lawyers need to be realistic and acknowledge that there will be changes to the existing issue price rules in the U.S. It further states that U.S. Internal Revenue Service (IRS) and the U.S. Treasury Department have released proposed issue price rules in September...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics