To keep you informed about developments in public finance tax, our Public Finance Tax Practice publishes the Public Finance Tax blog.
After 2017 closed with a bang, when Congress passed the Tax Cuts and Jobs Act (TCJA), which eliminated tax credit bonds and the tax-exempt advance refunding of tax-advantaged bonds, we spent 2018 muddling through the aftermath. Then, the final weeks of 2018 closed with a bang, too, when Treasury, notwithstanding the government shutdown, released final private activity bond public approval requirements and proposed regulations, which we had awaited for over 30 years, regarding when tax-exempt bonds are reissued. On the blog, we followed these changes, explored some fundamental questions about the TCJA and reviewed the year-end regulatory flurry.
Download the attached PDF to see more highlights from 2018, and view links to the posts on the blog. To make sure you get up-to-the-minute alerts and information, we encourage you to subscribe to the blog.