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what are taxable and non-taxable bonds?Are GOI securities come under this?



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3 Answer(s)


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The payments made by a taxable bond will be taxed at your personal income tax rate. The payments made by a non-taxable bond will not be taxed.
Your effective returns will be higher when you invest in a non-taxable bond

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TAXABLE BOND-a debt security whose return to the investor is subject to taxes at the local.state of federal level or there combination....

NON-TAXABLE BONDS-a bond issued by a municipal, state govt. whose int payments are not subject to different taxes,,,,,

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in case of non taxable bonds the payments are not subject to taxes that is they will not be taxed.... whereas in case of a taxable bond , the return is subject to taxes at any of the level.....
and goi securitie are taxable....

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