Tax Exempt Municipal Bonds

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BIR finds Code-NGO liable for P4.86B tax for PEACe Bonds
BIR finds Code-NGO liable for P4.86B tax for PEACe Bonds By Luz Rimban and Yvonne T. Chua VERA Files The Bureau of Internal Revenue has found the Caucus of Development NGO Networks (Code-NGO) liable to pay close to P5 billion in taxes for its purchase of the so-called PEACe Bonds 10 years ago. In BIR [...]

Palace says it won’t block tax on PEACe bonds
PRESIDENT Benigno Aquino III said Thursday he will not stop Internal Revenue from collecting a 20-percent final withholding tax on the controversial Poverty Eradication and Alleviation Certificates bonds that matured this week.

RCBC asks court to review BIR ruling on tax bonds
MANILA, Philippines — The Yuchengco-led Rizal Commercial Banking Corporation (RCBC) has asked a court to review a government order that seeks to impose a 20 percent tax on bonds sold in 2001 that were supposed to be exempt from the levy. Macel Fernandez-Estavillo, RCBC head of legal and regulatory affairs said that they are questioning the propriety and legality of a Bureau of Internal Revenue ...

Banks buck tax on PEACe bonds
Govt wants P5 billion as certificates mature today THIS is one anniversary that parties to issuance of controversial bonds ten years ago would rather not offer a toast to, even the buyers of the certificates who made a windfall from the purchase.

Fitch Rates Chicago, IL GOs & Sales Tax Bonds 'AA-'; Outlook Stable
Fitch Ratings has assigned ratings to the following debt issued by the city of Chicago:

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Additional Tax Exempt Municipal Bonds Resources:

1. Municipal bond - Wikipedia, the free encyclopedia
Because of the special tax-exempt status of most municipal bonds, investors
usually accept lower interest payments than on other types of borrowing ...

2. The Tax-exempt Municipal Bond Market?How Big and Who Buys?
In recent years, individual participation in tax-exempt municipal bonds has
expanded significantly through investments in unit investment trusts and mutual
...

3. About Municipal Bonds
At the outset, it should be understood that the term ?municipal bonds? is
typically used to describe all tax-exempt bonds, whether or not they are
actually ...

4. Tax Exempt municipal bonds and corporate bond investments at ...
Stoever Glass has been serving investors with tax exempt muicipals since 1964.
We specialize in muni bond investments, fixed income, corporate bonds and ...

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