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.
- Μέρος του λόγου: noun
- Κλάδος/Τομέας: Financial services
- Category: Funds
- Company: Merrill Lynch
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