Our Solutions

Arbitrage Rebate Consulting

Ongoing compliance with federal tax law is an integral part of every tax-advantaged financing program and we believe that the ideal compliance approach goes beyond simply achieving compliance. An effective compliance approach can minimize costs by reducing liabilities and burdens associated with managing audits or information requests by the Internal Revenue Services (IRS). By proactively addressing arbitrage and tax compliance with our team, our clients can focus time and resources on their day-to-day operations.

We identify and implement a beneficial rebate minimization strategy, no matter how complicated and involved it may be, while passing along the largest possible savings to our clients.

We also provide a full range of arbitrage rebate compliance and related solutions including:

Arbitrage rebate and yield restriction compliance reports
Refunding and defeasance escrow analysis and verification reports
Pre-issuance planning and consulting
Post-issuance compliance consulting including IRS audit assistance

To ensure compliance with U.S. Treasury Regulations governing tax practice, we inform you that any U.S. federal tax advice contained in this communication, including any attachments, is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding any penalties under U.S federal tax law, or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein. The material contained herein is for informational purposes only. This content is not intended to provide financial, legal, regulatory, or other professional advice. PFM Asset Management (PFMAM) is a division of U.S. Bancorp Asset Management, Inc., and makes no express or implied warranty regarding such material. U.S. Bancorp Asset Management, Inc. is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. A copy of our Form ADV, Parts 2A & 2B is available upon request.

Why work with PFMAM?

We have more than 40 years of experience serving the public sector. We combine national perspective with local connection to build tailored, flexible investment solutions across fixed income and multi-asset class strategies. Our focus is on liquidity management, investment-grade fixed income, and OCIO solutions. We look forward to working with you to develop custom solutions to your specific needs.