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INVESTMENT COMPANIES
Information Sources
Company Information
Commercial Services
Information Sources
Company Information
Commercial Services
Municipal securities
Interest on a municipal bond is exempt
from federal tax.
An in-state municipal bond is not
subject to state income tax.
Treasury Securities
Treasury security interest is exempt from
state and local income taxes.
Preferred Stock:
Most preferred stock owned by other
corporations
Corporations can avoid paying taxes on 70%
of their dividend income from portfolio
investments
Dividend
Price =
Rate of Return