Tax-exempt commercial paper, Taxation

An unsecured short-term loan, generally issued to finance short-term liabilities, which gives the debt holders (bondholders) some level of tax choice on the earnings from their debt investment at a local, federal or state level, or a grouping thereof.

Universities frequently issue tax-exempt commercial papers to fund their operations with the aid of the government. Government assists universities in financing their operations as it is useful for the population to own post-secondary education. Though governments do not essentially give the universities with cash injections, they permit them to issue commercial papers that can earn tax-exempt gains for the people who purchase them.  

Posted Date: 8/4/2012 6:24:52 AM | Location : United States







Related Discussions:- Tax-exempt commercial paper, Assignment Help, Ask Question on Tax-exempt commercial paper, Get Answer, Expert's Help, Tax-exempt commercial paper Discussions

Write discussion on Tax-exempt commercial paper
Your posts are moderated
Related Questions
can you help with tax research assignment

A1 Evaluate the accuracy of the term "New South" in describing the post-Civil War South, and discuss ways in which the term was and was not appropriate. A2 What was the Indian "

Hi, I need help with a timed quiz based on principles of business taxation 2013 edition . it is 25 short questions in 3 hours.

"Alfred E. Old and Beulah A. Crane, each age 42, married on September 7, 2010. Alfred and Beulah will file a joint return for 2011. Alfred''s Social Security number is 111-11-1111.

Explain the motivations behind debt covenants: You are engineering a Leveraged-Buy-Out (LBO) of ACME Industries, an industrial bottle maker. After the LBO, the firm will be fina

Dawn's new car has a FMV of $20,000 and it weighs 3,000 pounds. The county also assessed a property tax on the car. The tax was 2% of its FMV and $10 per hundred weight. The car is


Sales tax, as compared to VAT is the percentage of revenue imposed on the retail sale of goods. Unlike VAT, sales tax is levied on the entire value of goods and services purchased.

Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries, they received interest of $350 from municipal bonds

Given the following set of facts, what is the net amount of cash received by the seller ? The seller records a credit sale for $1,000.  Shortly after the sale, the buyer retu