Tax anticipation notes
id:
tax-anticipation-notes-267-17583134
title:
Tax anticipation notes
text:
Tax anticipation notes are notes issued by states or municipalities to finance current operations before tax revenues are received in the United States. When the issuer collects the taxes, the proceeds are then used to retire debt. The interest income is exempt from federal income tax for the recipient—a treatment similar to that for interest income from municipal bonds. Tax anticipation notes are short term notes, issued at a discount, with a maturity period usually less than a year or a stated
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Tax_anticipation_notes
date created:
date modified:
2019-09-23T12:03:42Z
main entity:
{"identifier":"Q16910245","url":"https://www.wikidata.org/entity/Q16910245"}
image:
fields total:
13
integrity:
13