Public Finance Partner Todd Cooper chaired the Tax Hot Topics panel at the 2018 National Association of Bond Lawyers’ Tax and Securities Law Institute. The Bond Buyer included quotes from Cooper’s presentation where he inquired about the possibility of the IRS lowering the 29 percent tax exposure rate since the new tax law slashed the corporate tax rates and lowered individual rates. Cooper said the number of VCAP cases has declined because the success of the program after a couple of decades of use and that “there aren’t as many flaws out there anymore, so there isn’t as much need to ask for a solution to a problem. There aren’t as many problems. People are more educated and aware.”
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