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Washington - Taxation
IRS Provides Sandy Relief for Displaced Persons
by: Jennifer DePaul
Wednesday, February 6, 2013
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The Internal Revenue Service is providing temporary relief for victims of Hurricane Sandy by suspending certain requirements for qualified residential rental projects financed with tax-exempt bonds that are used to provide emergency housing for displaced persons.

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Commentary - When It May Be Virtually Free to Be Tax Free
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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