TITLE

Federal Work Does Not Hurt Not-for-Profit

AUTHOR(S)
Resnick, Amy B.
PUB. DATE
April 1999
SOURCE
Bond Buyer;04/13/99, Vol. 328 Issue 30618, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
1769554

 

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