It's back to business as usual' in the tax-exempt market, trader says
- How exempt are tax-exempt bonds? // CPA Journal;Apr94, Vol. 64 Issue 4, p86
Reports on the tax treatment of tax-exempt bonds. Provisions that cause tax-exempt interest income to increase tax liabilities; Amortization of the amount used to purchase a municipal bond; Inclusion of the value of tax-exempt bonds in Federal income tax returns.
- Tender Options in Peril? McDonald, Michael // Bond Buyer;7/25/2002, Vol. 341 Issue 31435, p1
Reports the controversial tax legislation in the U.S. Effect of tax legislation on the profitability of tax-exempt tender option bonds; Limitations on the use of offshore tax; Reaction of different industries on tax legislation.
- Good News for Sectarian Educational Institutions Issuing Tax-Exempt Bonds. Aquilio, Mark // Review of Business;Spring2003, Vol. 24 Issue 2, p48
Reports that the U.S. Sixth Circuit Court of Appeals has held that the issuance of tax-exempt bonds to a sectarian university does not violate the First Amendment. Reason for the fact that the issuance does not violate the amendment; Statutory overview of tax-exempt qualified private activity...
- Regulators Join Debate Over Opinions. Hume, Lynn // Bond Buyer;05/11/2001, Vol. 336 Issue 31137, p1
Reports the debate over unqualified tax-exempt bond opinions by analysts and investors in Las Vegas, Nevada. Acceptance of unqualified opinions by the investors; Declaration on bond taxation; Evaluation of qualified opinions.
- County in Indiana Uses New Tax to Back Bonds for Coliseum. Carvlin, Elizabeth // Bond Buyer;03/12/2001, Vol. 335 Issue 31094, p38
Reports that the local government in Allen County, Indiana will use a supplemental tax to an existing food and beverage tax as one of several revenue sources to back tax-exempt revenue bonds that will be used to finance the expansion of the War Memorial Coliseum in Fort Wayne. Total amount in...
- Federal Tax Policy: Information on Selected Capital Facilities Related to the Essential Governmental Function Test: GAO-06-1082. Brostek, Michael // GAO Reports;10/13/2006, p1
Unlike state and local governments, Indian tribal governments are in general restricted to using tax-exempt bonds for activities that are an "essential government function," where "essential government function" does not include functions not customarily performed by state and local governments....
- Senate Finance Panel May Vote on Tax-Exempt Provisions. Barnett, Sussana Duff // Bond Buyer;10/1/2003, Vol. 346 Issue 31731, p5
Reports on the election on corporate tax legislation containing provisions to expand the use of tax-exempt bonds by the Senate Finance Committee in the U.S. Submission of amendments to the bill; Inclusion of protection for tax-exempt tender option bonds in the bill; Support of Bond Market...
- THE BOND BUYER LEGISLATIVE STATUS REPORT. // Bond Buyer;12/11/2006, Vol. 358 Issue 32525, p38
The article presents updates of various legislation related to bonds in the U.S. Congress. The Hurricane Katrina Tax Relief Act of 2005, which offers to ease the use of single-family mortgage revenue bonds in disaster impact areas, has been signed into law. The Fiscal 2006 Tax Reconciliation Act...
- END OF THE ROAD. Bailey Jr., Olen M. // Tennessee Bar Journal;Nov2009, Vol. 45 Issue 11, p12
The article focuses on the particulars of Family Owned, Non-Corporate Entity Exemption (FONCE) in Tennessee. It explains that the FONCE tax exemption can be applied to the state franchise tax and to the state excise tax. It also discusses various topics concerning FONCE including the...