Effect Sequestration on Tax Credit Bond Payments
As part of the Federal budget sequestration, the Internal Revenue Service (“IRS”) has announced that, as of March 1, 2013, credit payments claimed on Form 8038-CP by issuers of certain tax credit bonds, including Build America Bonds, Recovery Zone Economic Development Bonds, Qualified School Construction Bonds, Qualified Zone Academy Bonds, New Clean Renewable Energy Bonds and Qualified Energy Conservation Bonds, may be subject to a reduction of 8.7%.
Also of Interest
- Qualified Opportunity Funds - Initial Proposed Regulations
Hawkins Advisory on recently released proposed regulations: Preliminary Guidance to Opportunity Zone Investors
- Jay Eustis Elected to American College of Bond Attorneys
Jay Eustis has been elected a Fellow of the American College of Bond Attorneys (ACBC).
- Hawkins Attorneys Named to 2018 New York Metro Super Lawyers Lists
Four of eleven attornyes named in the area of Government Finance are from Hawkins.
- Hawkins Attorneys Featured at Bond Attorneys’ Workshop
Four Hawkins attorneys will serve on panels at the National Association of Bond Lawyers 43rd annual Bond Attorneys’ Workshop which will be held September 26-28, 2018 in Chicago.