Fall 2007 Statistics of Income Bulletin Provides New Information on Tax-Exempt Bonds, Private Foundations and Charities

On November 30, 2007, the IRS issues its “Fall 2007 Statistics of Income Bulletin,” IR-2007-195, which outlines data from 134.4 million individual income tax returns filed for tax year 2005.  Included in the Bulletin are articles on statistics of tax-exempt municipal bond issuances, the number of private foundations that filed IRS Form 990-PF, and data on information returns filed by charities for tax year 2004.

DAB