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IRS Releases TAM on Impact Fees

Monday, July 8, 2002 - 7:00AM

The debate over impact fees and eligible basis continues with the Internal Revenue Service’s (IRS) release today of technical expedited advice memorandum (TAM) 200227009, which amends TAM 200043016, released October 27, 2000, to make it consistent with Revenue Ruling 2002-9 as it applies to impact fees. Today’s TAM also lifts the suspension on consideration of the impact fee issue in TAM 200203013, published January 18.

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