TITLE

IRS finds `significant' noncompliance in preliminary

AUTHOR(S)
Stanton, Michael
PUB. DATE
October 1997
SOURCE
Bond Buyer;10/31/97, Vol. 322 Issue 30264, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on the results from the Internal Revenue Service's random bond audit program which show a `very significant' level of noncompliance among industrial development bond (IDB) issuers. Views of Marcus Owens, head of the IRS exempt organizations division about the agency; Requirement for corporations that use tax-exempt IDB for investments; Growth of the agency's targeted bond audit program.
ACCESSION #
9711214258

 

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