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Tax-Free Investment |
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Tax-Free Investment An investment, the income from which is not subject to taxation. Certain income an individual or corporation derives may be tax free, even though the individual or corporation would owe taxes otherwise. For example, coupons from a municipal bond are tax-free investments at the federal level. See also: Tax credit, tax deduction. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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