IRS Releases Technical Advice Memo On 1980s Single-Family Housing Deal

McConnell, Alison L.
June 2006
Bond Buyer;6/6/2006, Vol. 356 Issue 32396, p5
Trade Publication
The article reports on the release of the technical advice memorandum pertaining to the 1980s single-family housing bond by the U.S. Internal Revenue Service (IRS) on June 2, 2006. The memorandum states that an unidentified issuer's single-family housing bond deal was properly exempt from certain-tax code rules governing the use of unspent bond proceeds. This kind of memorandum is usually a reply by the IRS Office of Chief Counsel to revenue agent's request for technical advice on a case's legal issues.


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