Scrutinizing 'Lease-to-Own' Deals

McConnell, Alison L.
January 2006
Bond Buyer;1/24/2006, Vol. 355 Issue 32304, p1
Trade Publication
The article reports on statements by Charles Anderson, tax-exempt bond field operations manager of the United States Internal Revenue Service (IRS), on Section 6700 penalties for lease-to-own bonds. Anderson said that the IRS is conducting audits of some bond-financed leases which could have been funded by unqualified private bonds rather than government debt.


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