SECTION 8. DRAFTING
Internal Revenue Bulletin 2006-18 · 2026-10-03 edition · updated 2026-10-04 · United States
INFORMATION
The principal authors of this notice are Timothy L. Jones and Aviva M. Roth of the Office of Associate Chief Counsel (Tax Exempt & Government Entities). However, other personnel from the IRS and the Treasury Department participated in its development. For further information regarding this notice, contact Timothy L. Jones or Aviva M. Roth at (202) 622–3980 (not a toll-free call).
(1) The credit allowed under § 1400N(l)(1) shall be disregarded for purposes of computing the yield on the issue under § 1.148–4;
(2) Section 148(b)(3) (relating to exception to the definition of “investment property” for certain tax-exempt bonds) shall not apply.
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