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Réglementation et droit · 11/12/20031 min de lecture
Arbitrage Restrictions Applicable to Tax-Exempt Bonds Issued by State and Local Governments
Traduction automatique locale · Langue originale de la source
Résumé
This document contains final regulations on the arbitrage restrictions applicable to tax-exempt bonds issued by state and local governments. The regulations affect issuers of tax-exempt bonds and provide a safe harbor for qualified administrative costs for broker's commissions and similar fees incurred in connection with the acquisition of guaranteed investment contracts or investments purchased for a yield restricted defeasance escrow.
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