ABA releases 2018 edition of the 'ABCs of Arbitrage'

The 2018 edition of the “ABCs of Arbitrage: Tax Rules for Investment of Bond Proceeds by Municipalities,” now available, is filled with new insights and information.

The new edition of this bestseller is updated and expanded to help lawyers master both the most basic and complicated aspects of arbitrage by translating the complex issues into concise, practical language. The book covers the rules of arbitrage, the relevant International Revenue Service code sections and the regulations and technical terms used in this practice.

In addition, this book includes valuable appendices, including arbitrage sections of the Internal Revenue Code, arbitrage regulations and proposed regulations.

The book was written by two experts: Kimberly C. Betterton, whose practice focuses on federal tax laws and regulations involving tax-exempt bonds and exempt organizations; and Vicky Tsilas, the chief of the Tax-Exempt Bond Branch in the Internal Revenue Service.