The Tax Exempt Bonds office of the Tax Exempt and Government Entities division conducted a questionnaire project to evaluate the post-issuance compliance and record retention policies, procedures and practices of issuers and conduit borrowers of tax-exempt advance refunding bonds.
The Tax Exempt Bonds office (TEB) of the IRS Tax Exempt and Government Entities division initiated a compliance project to evaluate the post-issuance and record retention policies, procedures and practices of governmental issuers of tax-exempt bonds.
This report presents the analysis and preliminary conclusions on the data collected from a questionnaire sent to exempt organization borrowers of qualified 501(c)(3) bonds.
This report produced by the TEB Compliance Practice Research Team seeks to provide aid to issuers of tax-advantaged municipal bonds. It identifies some considerations for issuers of such bonds and is TEB’s initial step toward producing public resource products that assist issuers in avoiding troubled transactions.