A short-term debt issued by a qualified entity for the purpose of improving cash flow. The note is secured with future revenue, such as tax revenue in the case of a municipality.
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Tax Reform Act of 1976 · Tax Reform Act of 1984 · Tax Reform Act of 1986 · Tax Reform Act of 1993 · tax refund · tax relief · tax renevue anticipation note ...
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Aug 5, 1997... taxes that may have been paid in a previous period. tax renevue anticipation note: A short-term debt that is taken on to improve cash flow and ...