The Impending Repeal Of The Bearer Bond Exception

Law360, New York (March 12, 2012, 1:22 PM EDT) -- On March 18, 2010, President Obama signed into law the "Hiring Incentives to Restore Employment Act" (the "HIRE Act"), which included a provision that generally repeals the foreign targeted obligation exception for bearer bonds issued after March 18, 2012. This repeal will likely dissuade many U.S. issuers from issuing bearer bonds, as they will no longer be entitled to the tax benefit of deductions for interest paid on such bonds....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Law Firms

Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!