Taxable Bond definition

Taxable Bond means any of a series of the World’s Foremost Bank Redevelopment Project Taxable Tax Allocation Bonds of the City, the interest on which is determined by the City to be includable in gross income for federal income tax purposes.
Taxable Bond means any Bond, the interest on which is not excludable from gross income for federal income tax purposes.
Taxable Bond means any Bond which states, in the body thereof, that the interest income thereon is includable in the gross income of the Holder thereof for federal income tax purposes or that such interest is subject to federal income taxation.

Examples of Taxable Bond in a sentence

  • BABs: The New Taxable Bond OptionThe BAB, in cases where the issuer keeps the credit, is modeled after the “taxable bond option,” which was first considered in the late 1960s.

  • Morris, Frank E., “The Taxable Bond Option,” National Tax Journal, vol.


More Definitions of Taxable Bond

Taxable Bond means any of a series of the Telegraph District Phase I Redevelopment Project Taxable Tax Allocation Bonds of the City, the interest on which is determined by the City to be includable in gross income for federal income tax purposes.
Taxable Bond means any of a series of the 1208 O Street Redevelopment Project Taxable Tax Allocation Bonds of the City, the interest on which is determined by the City to be includable in gross income for federal income tax purposes.
Taxable Bond means any of a series of the Bonds, the interest on which is determined by the City to be includable in gross income for federal income tax purposes.
Taxable Bond means a series of the Bonds issued with interest that is not intended to be excludable from gross income for federal income tax purposes.
Taxable Bond means any Bond which states, in the body thereof, that the interest income thereon is includable in the gross income of the Holder thereof for federal income tax purposes.
Taxable Bond means any Authorized Bond the interest on which is intended to be included in gross income for purposes of federal income taxation.
Taxable Bond means any Bond of any Series designated as Taxable Bonds in the Supplemental Indenture authorizing the issuance of the Series of which such Bond is a part.