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Taxable Bond |
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Taxable Bond A bond on which the yield is taxable. All corporate bonds and some municipal bonds are taxable. On a taxable bond, one is usually assessed capital gains tax on the coupon payments. One is also liable for taxation if the bond was issued at a discount and redeemed at face value. See also: Tax-exempt bond. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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