Scott Seeks Enforcement Changes

Hume, Lynn
May 2006
Bond Buyer;5/5/2006, Vol. 356 Issue 32375, p1
Trade Publication
The article reports on the request of former Internal Revenue Service (IRS) tax-exempt bond chief W. Mark Scott for a new approach to the agency's tax-exempt bond enforcement programs in the U.S. Under the new program, IRS will shift its focus from taxing bondholders to penalizing the responsible parties for tax law violations. It will also require the IRS to disclose more information to investors.


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