H.R. 1, signed into law on December 22, 2017, reduces the maximum federal corporate income tax rate from 35% to 21% for tax years beginning after December 31, 2017. This change in the corporate income tax rate may result in a...more
The Internal Revenue Service (the “IRS”) released Revenue Procedure 2016-44 (“Rev. Proc. 2016-44”) on August 22, 2016 to provide new safe harbors for management contracts to avoid characterization of such contracts as private...more
Good things come to those who wait. The tax-exempt bond industry has waited 18 years for a missing reserved section of the private activity bond regulations, the allocation and accounting regulations, Treas. Reg. Section...more
11/4/2015
/ 501(c)(3) ,
Accounting ,
Aggregation Rules ,
Bond Financing ,
Borrowers ,
Cost Allocation ,
Final Rules ,
Government Entities ,
IRS ,
Mixed-Use Zoning ,
Public Private Partnerships (P3s) ,
Remedial Actions ,
Tax-Exempt Bonds