Federal Work Does Not Hurt Not-for-Profit

Resnick, Amy B.
April 1999
Bond Buyer;04/13/99, Vol. 328 Issue 30618, p1
Trade Publication
Reports on the United States Internal Revenue Service's ruling which laid out the specifics that a federal research contract must include to avoid tax problems for bond-financed research facilities. Volume of tax-exempt bonds issued by private colleges and universities for the 12 months ended August 1998; Significance of the ruling to large bond issuers; Application of the federal guarantee prohibition of the tax code.


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