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[DOC File]SALIENT FEATURES OF SUPERANNUATION SCHEME
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funds. 15% contribution tax free is the biggest tool of tax planning. employees in the highest brackets are most benefited. not only . contribution is tax free but the interest @ 12% is tax free. 12% . tax free …
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[DOC File]TRUE/FALSE - Personal Finance
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U.S. savings bonds are considered a tax-exempt or tax-free investment choice. 12. Today, more employers are offering employer-sponsored retirement plans. ... Write the letter of the choice that best completes the statement or answers the question on the answer sheet. ... a. balanced funds. b. income funds. c. growth funds. d. global funds.
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[DOC File]Introductory Income Tax - Basic Income Tax, 5th - Andrews ...
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Tax arbitrage: taking in exempt income while paying out deductible interest; Code has adopted preventative measures §265(a)(2): disallows deduction of interest on indebtedness incurred to purchase tax-exempt municipal bonds. Prevents T from deducting interest on $10K loan (at 10%) to buy munis at 8% (tax-free income …
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[DOC File]Choosing a Municipal-Bond Fund
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(National muni funds only give you the federal tax break.) A Californian doesn't pay the 9.3% state income tax on the income from a California muni fund, and a resident of the Bay State avoids the 5.95% Massachusetts tax on income from a Massachusetts fund. Choose a single-state fund if you live in a high-tax …
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After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. ... DELAWARE GROUP STATE TAX-FREE INCOME TRUST, DELAWARE GROUP TAX FREE FUND, DELAWARE GROUP GLOBAL & INTERNATIONAL FUNDS, DELAWARE GROUP TAX FREE MONEY FUND, DELAWARE GROUP ADVISER FUNDS ...
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[DOC File]Mutual Funds and Taxes - bivio
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Income from these funds is usually tax-free. (We'll cover municipal-bond funds at length in a later course.) Tip Six. Finally, consider tax-managed funds. These funds use a series of strategies to limit their taxable distributions. Vanguard, Fidelity, and Putnam all offer tax-managed funds. (We'll cover tax-managed funds …
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Best tax free income funds