TITLE

More Float Contracts Under IRS Microscope

AUTHOR(S)
McConnell, Alison L.
PUB. DATE
February 2006
SOURCE
Bond Buyer;2/27/2006, Vol. 355 Issue 32327, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the United States Internal Revenue Service's auditing of approximately 40 bond issues containing forward float contracts. It is an extension of the global yield-burning examinations from the late 1990s according to the National Association of Bond Lawyers' Tax and Securities Law Institute.
ACCESSION #
20281672

 

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