1. Regulations
  2. title 26
  3. chapter I-i2
  4. part 1
  5. subjgrp 1
  6. § 1.147b-1

View all text of Subjgrp 1 [§ 1.141-1 - § 1.150-5]

§ 1.147(b)-1 - Bond maturity limitation-treatment of working capital.

Section 147(b) does not apply to proceeds of a private activity bond issue used to finance working capital expenditures.

[T.D. 8476, 58 FR 33515, June 18, 1993]

AUTHORITY: 26 U.S.C. 7805, unless otherwise noted.

SOURCE: T.D. 6500, 25 FR 11402, Nov. 26, 1960; 25 FR 14021, Dec. 21, 1960, unless otherwise noted.

CITE AS: 26 CFR 1.147