Indian tribes are criticizing the Treasury Department for failing to complete, within the congressionally mandated time frame, a study of the tax law requirements for tribal economic development bonds that the tribes claim are unfair.

The February 2010 deadline for the study “has come and gone, and tribes are still awaiting the final product,” the National Congress of American Indians said in a two-page letter sent recently to Treasury Secretary Timothy Geithner.

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.