§ 1.150-1T - Definitions (temporary).

(a) through (a)(3) [Reserved] For further guidance, see § 1.150-1(a) through (a)(3).

(4) Additional exception to the general applicability date. Section 1.150-1T(b), Issuance costs, applies on and after July 6, 2011.

(5) Expiration date. The applicability of § 1.150-1T(b), Issuance costs, expires on or before July 1, 2014.

(b) Bond through the definition of Governmental bond [Reserved] For further guidance, see § 1.150-1(b) Bond through the definition of Governmental bond.

Issuance costs means costs to the extent incurred in connection with, and allocable to, the issuance of an issue within the meaning of section 147(g). For example, issuance costs include the following costs but only to the extent incurred in connection with, and allocable to, the borrowing: Underwriters' spread; counsel fees; financial advisory fees; fees paid to an organization to evaluate the credit quality of an issue; trustee fees; paying agent fees; bond registrar, certification, and authentication fees; accounting fees; printing costs for bonds and offering documents; public approval process costs; engineering and feasibility study costs; guarantee fees, other than for qualified guarantees (as defined in § 1.148-4(f)); and similar costs.

(c) Issue date through paragraph (e) [Reserved] For further guidance, see § 1.150-1(b) Issue date through paragraph (e).