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Public Finance Alert: Schedule K and Post-Issuance Compliance



10/20/2011

By Jeremy A. Spector

Several recent developments have underscored the importance for Section 501(c)(3) organizations with outstanding tax exempt bonds of adopting and implementing procedures for monitoring their post-issuance compliance with federal tax requirements. These developments suggest that both issuers and borrowers may need to reexamine their compliance programs to make sure they stay in compliance.

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