Adam R. Baird

(509) 343-4473
Associate
(509) 747-4545 Fax
Adam.Baird@KutakRock.com
December 27, 2016

Following the issuance of proposed and re-proposed regulations in 2013 and 2015, the Treasury Department and the Internal Revenue Service published final regulations (the “Final Regulations”) on December 9, 2016, to alter the rules for determining the issue price of tax-exempt and other tax-advantaged bonds.