IRS Issues PLR on Redemption of Tax-Exempt Bonds

Friday, August 29, 2003 - 1:45am

In Private Letter Ruling (PLR) 200334011, the Internal Revenue Service (IRS) ruled that the redemption of tax-exempt bonds after a project is placed in service does not preclude classification of the project under §42(h)(4)(B). Click here for the complete text of the ruling.