{"id":2813,"date":"2016-08-29T12:36:13","date_gmt":"2016-08-29T19:36:13","guid":{"rendered":"https:\/\/www.pacificalawgroup.com\/?p=2813"},"modified":"2016-08-29T12:36:13","modified_gmt":"2016-08-29T19:36:13","slug":"irs-updates-safe-harbor-provisions-for-management-contracts","status":"publish","type":"post","link":"https:\/\/www.pacificalawgroup.com\/irs-updates-safe-harbor-provisions-for-management-contracts\/","title":{"rendered":"Tax Alert for State and Municipal Bond Issuers:  IRS Updates Safe Harbor Provisions for Management Contracts"},"content":{"rendered":"<p>Facilities financed with tax-exempt bonds for\u00a0the benefit of governmental users or 501(c)(3) corporations (the \u201cqualified users\u201d) are subject to restrictions on private business use of the facility. Under Section 141 of the Internal Revenue Code, management contracts, which include management, service and incentive payment contracts, can give rise to private business use and need to be monitored.<\/p>\n<p><a href=\"https:\/\/www.pacificalawgroup.com\/wp-content\/uploads\/2016\/08\/Tax-Alert-IRS-UPDATE-8-29-16-FINAL.pdf\">Read more &gt;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Facilities financed with tax-exempt bonds for\u00a0the benefit of governmental users or 501(c)(3) corporations (the \u201cqualified users\u201d) are subject to restrictions&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,10,17,22],"tags":[],"class_list":["post-2813","post","type-post","status-publish","format-standard","hentry","category-library","category-municipal_law","category-public-finance","category-tax"],"acf":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.pacificalawgroup.com\/wp-json\/wp\/v2\/posts\/2813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pacificalawgroup.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pacificalawgroup.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pacificalawgroup.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pacificalawgroup.com\/wp-json\/wp\/v2\/comments?post=2813"}],"version-history":[{"count":0,"href":"https:\/\/www.pacificalawgroup.com\/wp-json\/wp\/v2\/posts\/2813\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.pacificalawgroup.com\/wp-json\/wp\/v2\/media?parent=2813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pacificalawgroup.com\/wp-json\/wp\/v2\/categories?post=2813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pacificalawgroup.com\/wp-json\/wp\/v2\/tags?post=2813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}