Hawkins Advisory (Modifications to Qualified Management Contract Rules)
3/1/2017Click on this link to view the article in pdf format
On January 17, 2017, the Internal Revenue Service (the “IRS”) released Revenue Procedure 2017-13 (“Rev. Proc. 2017-13”), which addresses the treatment of management contracts involving property financed with tax-exempt bond proceeds. Rev. Proc. 2017-13 modifies and supersedes recently released Revenue Procedure 2016-44 (“Rev. Proc. 2016-44”). Relevant provisions of the Internal Revenue..