Between the Lines Blog

IRS Identifies Proposed Tax-Exempt Political Subdivision Regulations as Overly Burdensome
Category: Municipal and Public Finance
The Internal Revenue Service has identified the proposed regulations on the definition of political subdivisions as one of eight regulations that (i) impose an undue financial burden on U.S. taxpayers; (ii) add undue complexity to the Federal tax laws; or (iii) exceed the statutory authority of the…
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