Articles and Blogs

Borrowers of tax-exempt debt across the country with outstanding bond issuances tied to the London Interbank Offered Rate (“LIBOR”) are working to amend their financial instruments to account for the cessation of the rate’s publication after June 30, 2023. To address and limit the anticipated impacts associated with the cessation of LIBOR, the Treasury... READ MORE

An Indiana hospital owns a medical building in Newburgh, Warrick County, Indiana (the “Property”) by way of a wholly-owned subsidiary that is an Indiana nonprofit corporation (the “Applicant”). The Applicant leases parts of the Property to its affiliates for the delivery of health care services. For the 2014 and 2015 tax years, the Warrick... READ MORE