TITLE

Harbor Bancorp asks high court to stop IRS from taxing bonds

AUTHOR(S)
Stanton, Michael
PUB. DATE
November 1997
SOURCE
Bond Buyer;11/05/97, Vol. 322 Issue 30267, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the Supreme Court is being asked to decide whether the US Internal Revenue Service can tax investors in a bond issue the agency says involved an abuse of the arbitrage rules. Remarks of several observers about the question of fairness; When the Supreme Court will consider a non-constitutional tax case; Issues in Harbor Bancorp versus Commissioner of the IRS lawsuit.
ACCESSION #
9711223810

 

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