TITLE

IRS to Toughen Terms

AUTHOR(S)
McConnell, Alison L.
PUB. DATE
February 2006
SOURCE
Bond Buyer;2/24/2006, Vol. 355 Issue 32326, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of the United States Internal Revenue Service tax-exempt bond office to toughen its settlement standards in illegal arbitrage case. The office plans to require that parties redeem bonds and increase by 100 percent bondholders' tax exposure in addition to disgorging illicit earnings.
ACCESSION #
20281637

 

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