Tax Enforcement: IRS Reaches One Yield-Burning Settlement and Aims at Others

Kinnander, Ola
October 2001
Bond Buyer;10/25/2001, Vol. 388 Issue 31251, p3
Trade Publication
Reports on the settlement of the Internal Revenue Service (IRS) with one regional broker-dealer in the wake of its yield-burning investigation. Refusal of IRS officials to identify the broker-dealer; Amount for the settlement; Focus of the firm on the regional bankers; Information about deals provided by the firms cooperate with IRS; Reason for the occurrence of yield-burning.


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