IRS Tax Exempt Bonds Office Publishes PAB Compliance Guide

Tuesday, June 22, 2004 - 1:45am

The office of Tax Exempt Bonds (TEB), of the Internal Revenue Service (IRS), Tax Exempt and Government Entities division recently published IRS Publication 4078, Tax-Exempt Private Activity Bonds Compliance Guide. The guide provides state and local government issuers and borrowers of bond proceeds an overview of the general post-issuance rules under the federal tax law that apply to qualified private activity bonds.