Final Allocation & Accounting Regulations under Section 141
This issue of the Hawkins Advisory describes the Treasury Regulations promulgated under section 141 of the Internal Revenue Code of 1986, allocating the proceeds of tax-advantaged bonds to assets or portions of assets and accounting for the use of such assets or portions thereof.
On October 27, 2015, the final allocation and accounting regulations were published in the Federal Register. These final regulations address situations in which facilities financed with the proceeds of tax‐advantaged bonds* are used in both “qualified” and “unqualified” uses, as such terms are described below.
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.