Avoid Unnecessary IRS Penalties with Bingham’s Expertise

What We Do

As an issuer of tax-exempt bonds, or an obligated party in a tax-exempt issue, Bingham’s expertise can help you navigate the complexities of arbitrage rebate compliance.

Arbitrage is any interest or value earned over the declared yield of a tax-exempt bond issue as defined by Internal Revenue Code Section 103 and Section 148. Bingham’s experienced professionals can determine the amount, if any, that must be rebated (paid) to the Federal Government. Even if your issue does not earn arbitrage, the calculation is required at least every five years over the life of the issue.

You have questions. Bingham has answers. We are here to help with all of your Pre-Issuance and Post-Issuance Compliance needs.

  • Verification
  • Yield Restriction
  • Arbitrage Rebate
  • Post-Issuance Compliance
Office Illustration

Bingham’s office – located in the historic Uptown of Richmond, Virginia.

News

Is It Arbitrage Rebate? Or Yield Restriction?

Post issuance compliance is a complex arena with multiple facets to explanations.


Six Easy Tips for a Smooth Arbitrage Rebate Calculation

Exactly how does a tax-exempt debt issuer prepare to meet the complexity of post-issuance…


Post Issuance Compliance in a Rising Interest Rate Environment

Arbitrage earnings are beginning to return after nearly a ten year absence.



Upcoming Events

ADM Lunch & Learn Conference

Milwaukee, WI

February 20, 2020

NCGFOA Spring Conference

Durham, NC

March 4-6, 2020

UNC System Finance Conference

Greensboro, NC

March 30-April 1, 2020

LA School Business Officers Spring Conference

Lake Charles, LA

March 31-April 3, 2020