Bruce Agin is a Partner in Ice Miller's Municipal Finance Tax Group and focuses exclusively on the federal income tax issues relating to municipal bonds.
For the past 29 years, Bruce has been advising all types of municipal and conduit borrowers on the federal tax law issues associated with tax-exempt financings including arbitrage and rebate issues.
Bruce has provided lead tax and structuring advice for hundreds of municipal bond transactions involving governmental issuers, large health care systems, diverse cultural institutions and highly regarded educational organizations.
He has a national practice and regularly provides special tax counsel services for issuers, conduit borrowers and other law firms including performing the rebate analysis with accompanying calculations and/or opinions for scores of clients each year. In the arbitrage rebate area, Bruce has supervised or co-supervised the arbitrage rebate departments of various law firms since 1992 and has a wealth of experience in arbitrage rebate reduction and negative arbitrage recoupment strategies including the discovery and handling of recovery requests to the Internal Revenue Service (IRS) for overpayments of rebate which have generated more than $7,800,000 of refunds to firm clients within the last four years.
He also provides post-issuance compliance services including tax controversy representation involving IRS bond audits and Voluntary Closing Agreement matters relating to arbitrage and other complex municipal bond tax issues.
Bruce is recognized throughout the country by municipal bond clients, investment bankers and municipal bond lawyers for his experience, responsiveness, creativity and ability to provide value added services for innovative financings and transactions including those involving interest rate swaps, swaptions and other hedges. He is very proactive on behalf of his clients and has identified numerous escrow restructuring opportunities that have generated millions in savings to issuers and borrowers.
"The New Tax-Exempt Bond Reimbursement Regulations" Tax Notes, Volume 52, Number 5 1991