1996-18

Type

PLR

Subject

2.08a - Generally

2.08b - Warrants

4.01a - Real Estate Assets

Keywords

Note from Government Agency Rebating Tax Note from Government Agency Rebating Tax

Tax Rebate

Year

1996

Summary

IRS addresses income and asset test ramifications of notes issued by a municipality that functionally represent a rebate of local taxes resulting from a shopping mall and holds that notes are not "securities."

Title

9640011

Guidance Tags

PLR - 9640011

Referenced By

N/A

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1996-18

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