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Finance & markets · 23/02/2016Updated: 10/17/2026 · 1 min read

Guidance on Definition of Political Subdivision for Tax-Exempt Bonds

Summary

The proposed regulations clarify the definition of a political subdivision for tax-exempt bonds, primarily affecting state and local governments and bond users, with a public hearing notice for the proposed rules.

Original source language: Federal Register — Department of the TreasuryOpen original release →

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