PubMed · 10122243
Proposed changes in arbitrage rules aim to simplify cumbersome process.
Abstract
The Internal Revenue Service has proposed an overhaul of its rules governing profits earned by not-for-profit institutions when they temporarily invest proceeds from the sale of tax-exempt bonds. The current rules, implemented in 1986 to counteract such abuses, are long and complicated, IRS officials admit. The new rules could be in place by June 30.
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J Nemes. 1992-11-23. Proposed changes in arbitrage rules aim to simplify cumbersome process.. https://pubmed.ncbi.nlm.nih.gov/10122243/
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