A Network of the National Association of State Treasurers

Tax issues and IRS compliance a major parts of the issuance and post-issuance process. Stay on top of issues relating to the tax-exemption on certain municipal securities and other IRS updates.

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Bank Qualified Debt

Policy Update—

IRS Grants Extension of Telephonic TEFRA Hearings
The Internal Revenue Service (IRS) issued Revenue Procedure 2020-49 which extends temporary guidance surrounding public approval requirements related to the issuance of qualified private activity bonds (PABs)....