Hawkins Advisory
On January 17, 2017, 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”).
Attachment: [Hawkins Advisory]