TITLE

Zero-Coupon Cases Reach Penalty Time

AUTHOR(S)
Kinnander, Ola
PUB. DATE
July 2001
SOURCE
Bond Buyer;7/11/2001, Vol. 337 Issue 31178, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the United States Internal Revenue Service's (IRS) plan to start pursuing fraud penalties against various transaction participants involved in zero-coupon bond deals. UBS PaineWebber Inc.'s attempt to reach a 'global settlement' with the IRS; Plans of the agency to apply penalties under the tax code's section 6700.
ACCESSION #
4829548

 

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