IRS Request Comments on Record Retention

McConnell, Alison L.
July 2006
Bond Buyer;7/3/2006, Vol. 357 Issue 32415, p5
Trade Publication
The article reports on the request of the U.S. Treasury Department and the Internal Revenue Service (IRS) for comments from the municipal bond community regarding record retention standards. In a notice, IRS said that the Service is seeing comments on managing any inconveniences potentially linked with the record retention requirements that apply to bond issuers and other parties to tax-exempt bond transactions in order to substantiate compliance.


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