Federal Tax Limitations on Private Business Use

Document File(s)
Document Description

This memorandum discusses certain federal income tax considerations relating to the financing of facilities by The University of Texas System with the proceeds of tax-exempt bonds. The rules relating to the use of the facilities and the source of payment of the bond issue are reviewed to determine whether the bonds are classified "private activity bonds".

Details

Release Date

Responsible Office(s)

Finance

Document Type

Letters and Memos