Home > Term: local tax
local tax
Securities can be either exempt from or subject to state and local taxes.
Exempt-Interest from the security is free from state and local taxes
Subject-Interest from the security is not free from state and local tax.
- Vārdšķira: noun
- Nozare/domēns: Financial services
- Category: Funds
- Company: Merrill Lynch
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Autors
- MJ63
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