Issuers of Build America Bonds may have to wait a long time to receive their subsidy payments if they are being examined by the IRS.

11/1/2010 3:07 PM

Issuers of Build America Bonds may have to wait a long time to receive their subsidy payments if they are being examined by the IRS.  The IRS has significant leverage in settlement negotiations since Issuers rely on the subsidy payments to lower their interest expense.

 

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