Taxable Bonds means Bonds of a Series which are not Tax Exempt Bonds.
Taxable Bonds means any Bonds not issued as Tax-Exempt Bonds.
Taxable Bonds means those Bonds on which the interest earned is included in gross income of the owner for federal income tax purposes pursuant to the Internal Revenue Code.
Examples of Taxable Bonds in a sentence
Taxable bonds would generally be issued in combination with tax-exempt bonds.
Taxable bonds can be used in combination with low-income housing tax credits awarded by the Tax Credit Allocation Committee.
More Definitions of Taxable Bonds
Taxable Bonds means bonds issued by the authority that are not accompanied by a written opinion of legal counsel to the authority that the bonds are excluded from the gross income of the recipients for federal income tax purposes.
Taxable Bonds means Bonds the interest on which is intended to be included in gross income for purposes of federal income taxation.
Taxable Bonds means any Bonds the interest on which is not excludable from gross income for federal income tax purposes.
Taxable Bonds means a Series of Series 2014 Bonds that are obligations, the interest on which is included in gross income for federal income tax purposes.
Taxable Bonds means any Bonds designated by the U.T. System Representative in the Award Certificate as Taxable Bonds, the interest on which is includable in the gross income of the owners thereof for federal income tax purposes.
Taxable Bonds means Bonds, the interest on which is includable in gross income for Federal income tax purposes under the Code.
Taxable Bonds means those Bonds, which by their terms, bear interest that is not excluded from gross income for purposes of Federal income taxation.