Washington Tribe's $9.3M Sawmill Deal Taxable, IRS Says

McConnell, Alison L.
May 2006
Bond Buyer;5/25/2006, Vol. 356 Issue 32389, p40
Trade Publication
The article reports on the proposed adverse determination letter sent by the U.S. Internal Revenue Service to the Yakama Indian Nation in Washington. This letter is about a 9.3 million dollar of conduit bonds used to finance a sawmill in the area. The Indians are already deciding whether to settle or appeal the agency's finding that the bonds are taxable.


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