TITLE

Fargo Fights Allegations

AUTHOR(S)
McConnell, Alison L.
PUB. DATE
May 2006
SOURCE
Bond Buyer;5/2/2006, Vol. 356 Issue 32372, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the response of the city official in Fargo, North Dakota on the allegations of the U.S. Internal Revenue Services (IRS). The IRS said that the city's bond transactions for restructuring of its debt is taxable. However, the city attorney has claimed that the city is unaware of the benefit from an intricate financing structure contrary to the allegations of the IRS.
ACCESSION #
20944739

 

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