The Internal Revenue Code requires issuers of qualified zone academy bonds to spend 100 percent of the sale proceeds and investment earning thereon for qualified purposes within three years of the date of issuance of the QZABs.
The Internal Revenue Code requires issuers of qualified zone academy bonds to spend 100 percent of the sale proceeds and investment earning thereon for qualified purposes within three years of the date of issuance of the QZABs.
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