TITLE

TEB to Introduce Fast-Track Settlement Option

AUTHOR(S)
McConnell, Alison L.
PUB. DATE
July 2006
SOURCE
Bond Buyer;7/13/2006, Vol. 357 Issue 32422, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the tax-exempt bond (TEB) office of the U.S. Internal Revenue Service is formalizing a fasttrack settlement procedure that will allow for nonbinding closing-agreement negotiations between issuers, TEB staff and a neutral official from the agency's appeals division. The program would also allow issuers and TEB personnel to agree on terms that would become part of a formal settlement within 120 days.
ACCESSION #
21657458

 

Related Articles

  • Flurry of IRS Enforcement Disclosures Go On. McConnell, Alison L. // Bond Buyer;5/4/2006, Vol. 356 Issue 32374, p1 

    The article reports on the disclosures of United States Internal Revenue Service tax-exempt bond enforcement activity. Announcements were made in Arkansas, Illinois, Maryland, Washington and West Virginia. The Arkansas Development Finance Authority has sold series of bonds for Waste Management Inc.

  • IRS Contemplating Adding Tax-Exempt Bond Schedule to Its Form 990. McConnell, Alison L. // Bond Buyer;6/15/2007, Vol. 360 Issue 32651, p4 

    The article reports on the proposed plan of U.S. Internal Revenue Service (IRS) to add tax-exempt bond schedule to its Form 990. According to sources, the new schedule would require public charities and other tax-exempt groups to report data about private use of their bond-financed facilities...

  • SEC Official Warns Against Non-Disclosure of IRS Letters. Hume, Lynn // Bond Buyer;2/24/2006, Vol. 355 Issue 32326, p5 

    The article reports on the risk facing issuers who fail to disclose to investors in the United States that they have received a preliminary determination letter from the United states Internal Revenue Service stating their bonds are not tax-exempt. The notices affect the bonds' prices in the...

  • IRS Audits May Follow Surveys. Schroeder, Peter // Bond Buyer;12/4/2008, Vol. 366 Issue 33016, p1 

    The article reports on the plan of the tax-exempt bond (TEB) branch of the Internal Revenue Service (IRS) to conduct a survey on the post-compliance practice of government bond issuers in the U.S. TEB will start the surveys in January 2009, and might be delayed depending on the market...

  • Market to See `Lots of' Audits Unfolding Over the Summer. Kinnander, Ola // Bond Buyer;05/15/2000, Vol. 332 Issue 30891, p1 

    Reports on the expected unveiling of the results of United States Internal Revenue Service (IRS) audits of tax-exempt bond issues over summer 2000. Involvement of bonds issued primarily in solid waste, stadiums and 501(c)(3) organization; Issuance of results part of settlement agreements...

  • IRS Audits $25M Deal for Retirement Center in New Jersey. Barnett, Susanna Duff // Bond Buyer;3/18/2004, Vol. 347 Issue 31844, p5 

    Focuses on the audit of the tax-exempt bonds by the U.S. Internal Revenue Service from the Camden County Improvement Authority for possible violations of the private-activity bond rules. Worth of tax-exempt bonds issued by the authority; Requests for information related to the authority's...

  • Attorneys: IRS Bond Division fits with financial products. Resnick, Amy B. // Bond Buyer;08/10/99, Vol. 329 Issue 30701, p1 

    Reports on the need for United States Internal Revenue Service lawyers regulating tax-exempt bonds to understand their relation to other products in the finance markets. Organization of the legal operations of the agency; Structuring of the agency around customer groups.

  • IRS Changes Date for Circular 230 Hearing. Barnett, Susanna Duff // Bond Buyer;2/5/2004, Vol. 347 Issue 31815, p5 

    Reports that the U.S. Internal Revenue Service has changed its public hearing on a proposed tax-shelter rule that could change the way tax-exempt bond opinions are written. Application of Circular 230; Changes that dropped the exemption.

  • IRS: Issuer's CABs Would Be Tax-Free. Duff, Susanna // Bond Buyer;12/31/2002, Vol. 343 Issue 31543, p1 

    Reports on the U.S. Internal Revenue Service (IRS) ruling that an unidentified issuer can synthetically create tax-exempted capital appreciation bond (CAB). Benefits of the ruling to the issuer; Implications of the bond for start up firms; Comparison of CAB with conventional interest bonds;...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics