For tax-exempt bonds, a “final allocation” of proceeds is required, documenting in detail how proceeds of the bonds, and any other available funds, were expended. This information is the starting point for all private business use analyses, necessary to document compliance with the use requirements set forth in the Treasury Regulations. Listen today for timing requirements, recommended format, and other useful information relating to final allocations.
(May 22, 2025)
Coming soon, look for additional videos related to private business use (PBU), arbitrage rebate, continuing disclosure, and ESG Bonds.
As you navigate the compliance challenges related to issuing and borrowing on a tax-exempt basis, make BLXonCOMPLIANCE a regular part of your routine and join us each month for a fresh new discussion.
Check back again next month for monthly updated content.
