Mixed-Use IRS Ruling Is Time Based

Duff, Susanna
January 2003
Bond Buyer;1/28/2003, Vol. 343 Issue 31561, p1
Trade Publication
Reports that the U.S. Internal Revenue Service has ruled an arena that will be used by a private entity, a university and a local government to be financed in part with tax-exempt bonds using time-based method of allocation. Significance of the ruling; Exclusions in the ruling; Parties to whom the ruling gives guidance.


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