WASHINGTON - The Internal Revenue Service should adopt a standard that allows bond issues sold more than seven days rather than 31 days apart to be treated as separate issues under the tax laws, according to an American Bar Association task force.

The IRS has said in past letter-rulings that bond issues with common plans of financing or marketing and similar sources of payment or security must be issued at least 31 days apart to be treated as separate issues under certain arbitrage and private-activity bond requirements.

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