Double exempt

Free from both federal and state income tax Liability, such as for a Municipal bond.

Related Terms: 6 Fed, Inc., Liability, Muni, Municipal bond, Tax

Other Related Pages: Category: Taxes Starting With: D

Additional Related Terms: Allowance for depreciation, Accrual bond, Accumulation bond, After-tax basis, Agency bond, American Municipal Bond Assurance Corporation, Assumed bond, At par, Authority bond, All or any part