Advertising

Tax exempt

• Refers to income or property which is not subject to tax. Interest on Municipal bond is not subject to federal income tax. Similarly, interest on a treasury bond is not subject to state or local income taxes.

 
 

Follow this link for all the terms related to tax.

 
 Embedded terms in definition
 Bond
Income
Interest
Local
Municipal bond
Subject
Treasury bond
 
 Related Terms
 

<< Tax efficient portfolios Tax exempt sector >>

Managing Your Expenses on a Fixed or Reduced Income: Once you've retired, you finally have the opportunity to work at your dream job - keeping yourself happy. It's your chance to visit places you've always wanted to see, take up a new hobby and spend more time with your family and friends. But to be successful at this new position, you've got to make the most of your income and investments. Here are suggestions. More...

Leaders aren't born, they are made. And they are made just like anything else, through hard work. And that's the price we'll have to pay to achieve that goal, or any goal. - Vincent Thomas "Vince" Lombardi

Advertising



Copyright 2009-2018 GVC. All rights reserved.