September 23, 2008

Published by Michael Novogradac on Tuesday, September 23, 2008 - 8:30am

Today is Tuesday, September 23rd, 2008. This week we’ll bring you up to speed on the current status of energy and new markets tax credit extension legislation. We will also discuss recent guidance from the Office of the Comptroller of the Currency, or OCC, which regulates national banks, regarding banks’ investments in solar tax credit projects. We will also share some highlights from an IRS survey that assessed the ability of tax-exempt entities that issue tax-exempt bonds to satisfy all applicable federal tax requirements both at the time of issuance and while the bonds remain outstanding.