The Internal Revenue Service’s tax-exempt bond office will update its annual Internal Revenue Manual late this fall with a section on written post-issuance compliance procedures, an agency official said.

Speaking on a panel here at the Council of Development Finance Agencies’ National Development Finance Summit, Chris Woodin, lead tax law specialist at TEB, said that the IRM update will be primarily for revenue agents.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.