Taxable Municipal Bonds – Documentation, Tax & Disclosure Issues [Institute 2021]

This session addressed the pronounced increase since 2020 in the issuance of taxable bonds by states and municipalities as well as 501(c)(3) borrowers, including: tax, securities, disclosure and market issues. Tax issues include complications relating to taxable refundings of tax-exempt bonds, structuring taxable bonds to be able to be refunded tax-exempt, and potential UBIT issues…