TITLE

IRS: State Utilities' Group Can Issue Tax-Exempt Bonds Based on Fuel Input

AUTHOR(S)
Duff, Susanna
PUB. DATE
February 2003
SOURCE
Bond Buyer;2/12/2003, Vol. 343 Issue 31572, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the U.S. Internal Revenue Service has determined in a private-letter ruling that an organization made up of state utilities can issue tax-exempt bonds for a co-generation power plant based on the facility's input of fuel. Details of the ruling; Significance of the ruling; Impact of the ruling on government utilities in the country.
ACCESSION #
9163740

 

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