TBMA Submits Comments to the US Senate Finance Committee on the Joint Committee on Taxation Report on Tax Compliance
Published on:
March 1, 2005
The Bond Market Association (TBMA)*provides comments to the U.S. Senate Finance Committee on the Joint Committee on Taxation (JCT)report, Options to Improve Tax Compliance and Reform Tax Expenditure.Upon reviewing the JCT report, TBMA identified 8 provisions that would have a significantly negative affect on the tax-exempt municipal bond market.
*SIFMA is the product of the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.