Arbitrage is the profit that results from investing tax-exempt proceeds in higher-yielding taxable securities. In general, Internal Revenue Service (IRS) Regulations require that positive arbitrage earnings be rebated back to the government. Grant Thornton's team of arbitrage rebate specialists can assist you in complying with these tax laws. We will calculate your arbitrage rebate liability and summarize the results in a report. We ensure technical tax-exempt rebate compliance, while attempting to minimize, if not eliminate, rebate payments to the IRS.
Does your organization need rebate compliance services?
Yes, if you have:
How do you know what arbitrage calculations you need?
Speak to our team about a complimentary Arbitrage Rebate Compliance Assessment. They will:
What are the risks of non-compliance?
How often must an arbitrage rebate calculation be prepared?
In order to ensure timely rebate payments to the government, a calculation generally must be performed upon the retirement of an issue or for every five-year period an issue remains outstanding.
What is the final product?
Grant Thornton's standard procedure is to deliver a rebate report supported by a customized transaction model, which includes:
Our knowledge and expertise can help chart a clear course through these complicated IRS compliance requirements.