WASHINGTON — In a turnaround over a controversial test, the Internal Revenue Service has withdrawn seven notices that had threatened the tax-exempt status of 12 solid-waste bond issues sold for Atlanta-based Georgia-Pacific LLC over a nine-year period.

The notices, which were signed by Tyler Woolson, senior vice president and chief financial officer for Georgia-Pacific, stated that the IRS' Office of Appeals has withdrawn earlier proposed adverse determinations that warned the bonds were taxable. The notices, which indicate the bonds will remain tax-exempt, were filed this week with the Municipal Securities Rulemaking Board's Electronic Municipal Market Access system.

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