IRS Auditing Build Americas Sold by San Antonio, Chicago Agency

10/22/2010 1:12 PM

Build America Bonds issued by San Antonio’s municipal utility and Chicago’s sewer district are being audited by the IRS.  Sources involved state that the examinations are routine, and there is no reason to believe the bonds fail to comply with applicable tax requirements.

 

http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aM_Y0fjbCsVw