Bailey Quoted on IRS Ruling of Tax-Exempt Bonds and Build America Bonds

04 September 2014 The Bond Buyer News
Partner Michael Bailey was quoted in The Bond Buyer article, “IRS: Issuer of Tax-Exempts, BABs, Can Reallocate Proceeds,” on September 4, 2014. The piece discusses the Internal Revenue Service’s ruling that tax-exempt bonds and Build America Bonds can reallocate its proceeds. Bailey was quoted saying, “This is a ruling that is relevant to post-issuance compliance.”

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