A health care issuer and borrower in Mississippi are discussing the possibility of entering into a voluntary agreement with the Internal Revenue Service to settle tax law violations that occurred after some bond-financed equipment was sold to a private group.

The violation was described in a recent event notice filed by with the Municipal Securities Rulemaking Board’s EMMA system by an agent for the Mississippi Hospital Equipment and Facilities Authority.

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.