It Won't Be Easy, but You Must Learn the Arcane New Rules of Arbitrage.

Anderson, David; Brennan, William

Notes FAQ Contact Us

Back to results

ERIC Number: EJ378760

Record Type: Journal

Publication Date: 1988

Pages: N/A

Abstractor: N/A

ISBN: N/A

ISSN: N/A

EISSN: N/A

It Won't Be Easy, but You Must Learn the Arcane New Rules of Arbitrage.

Anderson, David; Brennan, William

American School Board Journal, v175 n10 p21-24 Oct 1988

With passage of the Tax Reform Act of 1986, school systems became liable to the federal government for any profits earned on tax-exempt bonds. Understanding the requirements is essential for any board facing significant capital financing. Outlines requirements, exceptions to the rule, penalties, costs, and debt planning. (MLF)

Descriptors: Bond Issues, Capital Outlay (for Fixed Assets), Compliance (Legal), Elementary Secondary Education, Investment, Money Management, Public Schools, School Accounting, School Funds, School Taxes

Publication Type: Journal Articles; Guides - Non-Classroom

Education Level: N/A

Audience: N/A

Language: English

Sponsor: N/A

Authoring Institution: N/A

Identifiers - Laws, Policies, & Programs: Tax Reform Act 1986

Grant or Contract Numbers: N/A