Proposed changes in arbitrage rules aim to simplify cumbersome process.

Abstract

The Internal Revenue Service has proposed an overhaul of its rules governing profits earned by not-for-profit institutions when they temporarily invest proceeds from the sale of tax-exempt bonds. The current rules, implemented in 1986 to counteract such abuses, are long and complicated, IRS officials admit. The new rules could be in place by June 30.

Cite this paper

@article{Nemes1992ProposedCI, title={Proposed changes in arbitrage rules aim to simplify cumbersome process.}, author={James Nemes}, journal={Modern healthcare}, year={1992}, volume={22 47}, pages={54} }