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Basic Question 8 of 8
The tax exemption for municipal securities applies to ______.
II. capital gains
III. state taxes
I. interest income
II. capital gains
III. state taxes
User Contributed Comments 2
| User | Comment |
|---|---|
| Done | III also depending on if you purchase your home state's bonds. |
| steved333 | or a city bond... |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe how legal, regulatory, and tax considerations affect the issuance and trading of fixed-income securities
CFA® 2024 Level I Curriculum, Volume 4, Module 2.