tax-exempt income

By using the tax law carefully, you can create tax-exempt income.

Tax-exempt income was not calculated on a tax equivalent basis.

The lowering of individual rates should also make tax-exempt income less attractive to investors.

The positive tax figure is the result of tax-exempt income in the first nine months of 2008.

Partly offsetting these items were reduced tax-exempt income and a lower margin.

This increase was offset by lower tax-exempt income.

Net income taxes were lower due to a higher proportion of tax-exempt income.

As well, there was lower tax-exempt income, offset by the continued widening of spreads in corporate lending.

Results in the second quarter reflected higher revenues and proportionately higher tax-exempt income.

It involves taxing currently tax-exempt income on pension accounts that exceed $100,000.

But if the visitor bought a book unrelated to nonprofits, the proceeds could not count as tax-exempt income.

In some jurisdictions, interest earned on local or municipal bonds is tax-exempt income, which can be an important consideration for the wealthy.

One of the few exceptions was when a taxpayer borrowed for investments that generated tax-exempt income, such as municipal bonds.

Status Indian – Registered pension plan contributions that have been made for tax-exempt income are not deductible.

The Bank's operating leverage this quarter was negative 4.7% compared to a year ago, driven primarily by higher non-interest expenses and lower tax-exempt income.

The elimination of the tax-exempt income gross-up was $74 million in the fourth quarter, compared to $73 million last quarter.

For tax-exempt bonds sold with an original issue discount, the year's share of the discount is considered tax-exempt income.

You may get tax-exempt income from a unitrust, which you can't get from other retirement plans.

One of the primary reasons municipal bonds are considered separately from other types of bonds is their special ability to provide tax-exempt income.

This methodology grosses up tax-exempt income earned on certain securities reported in net interest income to an equivalent before tax basis.

Net interest income and the provision for income taxes include the elimination of tax-exempt income gross-up.

The decrease in the Company's effective tax rates in the most recent periods occurred because tax-exempt income has become a larger percentage of pre-tax income.

The decrease was due primarily to a reduction in the statutory tax rate in Canada, higher tax-exempt income and lower taxes in foreign subsidiaries.

"This year has been exceptionally good, and retail has been excellent because municipal bonds are about the last haven for tax-exempt income.

Since the Medicare surcharge is based on taxable income, many financial salespeople have been promoting products designed to yield tax-exempt income.