Washington - Taxation
NABL Warns IRS Decision on CDD in Florida Could Have Far-Reaching Impact
Friday, November 2, 2012
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The Internal Revenue Service's tentative decision that the Village Center Community Development District in Florida is not a political subdivision could have far-reaching effects on special purpose districts set up for municipal bond issues nationwide.

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A recent research paper suggests widespread violations of MSRB fair pricing rules are rampant in the municipal market. But scratching just below the surface reveals serious flaws in the methodology and assumptions underlying the authors' conclusions.

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