In a recently released private letter ruling (Private Letter Ruling 201847001, or the “Ruling”), the IRS approved the use of a “floating equity” allocation method for exempt facility bonds issued to finance renovations to an...more
12/13/2018
/ Airports ,
Bonds ,
Equity ,
IRS ,
Private Letter Rulings ,
Project Finance ,
Public Finance ,
Real Estate Development ,
Retail Market ,
Tax-Exempt Bonds ,
Wine & Alcohol
For a number of years, the IRS Office of Tax-Exempt Bonds ("TEB") has expressed concerns about potential tax abuses that may exist in what it has characterized as "developer-driven deals" involving the use of tax-exempt...more
Qualified Equity - Allocation & Accounting Rules
for Private Business Use -
New Treasury Regulations regarding measurement and allocation of private business use (PBU) benefit universities that finance a...more
11/8/2016
/ Accounting ,
Bonds ,
Educational Institutions ,
Equity ,
Health Care Providers ,
Healthcare Facilities ,
IRS ,
Safe Harbors ,
Service Contracts ,
Tax Exemptions ,
Tax Rates ,
Tax Refunds ,
Universities
In addition to building some of the nation's largest high school football stadiums, Texas public school districts are following a national trend – the sale of naming rights to football stadiums and other district facilities....more