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tax-exempt security
(redirected from Triple tax-exempt)

    Also found in: Financial 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.tax-exempt security - a security that is not subject to taxation
tax-exempt
certificate, security - a formal declaration that documents a fact of relevance to finance and investment; the holder has a right to receive interest or dividends; "he held several valuable securities"
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In an attempt to provide funding for real estate projects that have been put on hold for lack of capital, the city announced that it has received federal approval to issue $200 million in triple tax-exempt bonds for commercial development.
CRE gets a $200M tax incentive by Geiger, Daniel / Real Estate Weekly
From DDDB, which claims the rules do not apply to Atlantic Yards: The IRS today issued a long awaited decision on the regulation of triple tax-exempt bonds.
IRS Gives Thumbs Up to Tax-Free Bonds for Yankees, Mets, Nets ... by Eliot Brown / The New York Observer
The same principle holds if you buy individual municipal bonds--local bonds may have double or triple tax-exempt status, while out-of-state bonds are subject to state and local income tax.
Capital gains without tax pain by Korn, Donald Jay / Black Enterprise
 
 
 
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