LPFA issue likely to stay tax-exempt

Whalen, Robert
March 1999
Bond Buyer;03/26/99, Vol. 327 Issue 30607, p1
Trade Publication
Reports that the US Internal Revenue Service is unlikely to declare a 1997 Louisiana Public Facilities Authority (LPFA) loan-pool deal taxable according to state Treasurer Ken Duncan. Conclusion of a study commissioned by Duncan; Benefits of remarketing bonds for the state; Campaign of anonymous letters against the deal; Letters of intent secured by the LPFA.


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