Private Activity Bond Tests.
Private Activity Bond Tests, by Sharon Stanton White (Thompson/ West, 2004), is a reference binder/ looseleaf that provides answers on private activity limits on the use of tax-exempt bond finance facilities. It explains private use of a bond-financed facility, how to measure private use and whether payments for private use affect treatment. Other issues discussed include when bond proceeds are deemed used to make a loan and whether an improper use of bond proceeds, or of a bond-financed facility, can be rectified. Over 1,000 pages; $195. Contact (800) 328-9352; www.west.thomson.com.