Modifications to Qualified Management Contract Rules
On January 17, 2017, the IRS released Revenue Procedure 2017-13 (“Rev. Proc. 2017-13”), which addresses the treatment of management contracts involving property financed with tax-exempt bond proceeds. Rev. Proc. 2017-13 modifies and supersedes recently released Revenue Procedure 2016-44 (“Rev. Proc. 2016-44”).
Also of Interest
- New Current Refunding Guidelines for Bonds Issued Pursuant to Special Authorizations
On May 22, 2019, the Internal Revenue Service released Notice 2019-39. The Notice provides guidance on the issuance of tax-exempt state and local bonds and tax-exempt Indian tribal government bonds in current refunding issues...
- General Public Use Requirement for Qualified Residential Rental Projects
This Hawkins Advisory provides information of specific interest to multi-family housing bond issuers regarding the general public use requirement for qualified residential rental projects.
- Average Area and Nationwide Purchase Price Safe Harbor Limits
This Hawkins Advisory includes information of specific interest to single-family housing bond issuers regarding Average Area and Nationwide Purchase Price Safe Harbor Limits
- Final TEFRA Hearing & Approval Regulations
This issue of the Hawkins Advisory discusses TEFRA final regulations.