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Friday, January 27, 2006IRS grants leeway to post LIHTC bonds
The IRS has allowed three separate taxpayers extra time to post bonds in order to avoid increased tax after low-income housing tax credit properties changed hands. The announcements appear in three nearly identical Private Letter Rulings, which may not be cited as precedent: Nos. 200603007, 200604011, and 200604012.
posted by Martha Bridegam at 12:51 PM
(see links in right-hand column).
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