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	<title><![CDATA[municipal bond and taxes Resources | BNET]]></title>
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	<description><![CDATA[White papers, case studies, business articles, and blog posts relating to municipal bond and taxes]]></description>
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		<title><![CDATA[Tax Equivalent Yield Calculator]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=973945]]></link>
		<description><![CDATA[This tax equivalent yield tool will estimate the tax-equivalent yield, or TEY, for a municipal bond. Income generated from municipal bond coupon payments are not subject to federal income tax. In addition, if the bond was issued in the state of residence, you can also avoid state income taxes. Use...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Thu, 01 Jan 2009 00:00:00 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/income.html"><![CDATA[Income]]></category>
		<category domain="http://resources.bnet.com/topic/bankrate+inc..html"><![CDATA[Bankrate Inc.]]></category>
		<category domain="http://resources.bnet.com/topic/municipal+bond.html"><![CDATA[Municipal Bond]]></category>
		<category domain="http://resources.bnet.com/topic/taxes.html"><![CDATA[Taxes]]></category>
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		<title><![CDATA[Which Bond Is Better?]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=359783]]></link>
		<description><![CDATA[This calculator compares rates of return, before and after taxes, for two bond investments. User can select a Treasury security, corporate bond or municipal bond. Treasury securities are exempt from state income taxes. Municipal bonds are exempt from federal income taxes. In some cases, muni bonds are also exempt from...]]></description>
		<s:doctype><![CDATA[Tools & templates]]></s:doctype>
		<pubDate>Tue, 01 Jan 2008 00:00:00 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/bond.html"><![CDATA[Bond]]></category>
		<category domain="http://resources.bnet.com/topic/income.html"><![CDATA[Income]]></category>
		<category domain="http://resources.bnet.com/topic/income+tax.html"><![CDATA[Income Tax]]></category>
		<category domain="http://resources.bnet.com/topic/municipal+bond.html"><![CDATA[Municipal Bond]]></category>
		<category domain="http://resources.bnet.com/topic/kiplinger+washington+editors.html"><![CDATA[Kiplinger Washington Editors]]></category>
		<category domain="http://resources.bnet.com/topic/treasury+security.html"><![CDATA[Treasury Security]]></category>
		<category domain="http://resources.bnet.com/topic/taxes.html"><![CDATA[Taxes]]></category>
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		<title><![CDATA[Earn Tax-Free Income With Municipal Bonds]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=924041]]></link>
		<description><![CDATA[Nobody likes to pay taxes. That's why investors naturally are interested in earning tax-free income. Municipal bond issues are a very popular way to earn tax-free income and, if income is reinvested, achieve tax-free compounding of returns. Municipal bonds (also known as "Munis") are fixed-income investments that can provide higher...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Tue, 01 Jan 2008 00:00:00 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/income.html"><![CDATA[Income]]></category>
		<category domain="http://resources.bnet.com/topic/municipal+bond.html"><![CDATA[Municipal Bond]]></category>
		<category domain="http://resources.bnet.com/topic/ameriprise+financial.html"><![CDATA[Ameriprise Financial]]></category>
		<category domain="http://resources.bnet.com/topic/municipal+bond+issue.html"><![CDATA[Municipal Bond Issue]]></category>
		<category domain="http://resources.bnet.com/topic/taxes.html"><![CDATA[Taxes]]></category>
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		<title><![CDATA[Municipal Bonds: When "Tax-Free" Isn't So Free]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=923903]]></link>
		<description><![CDATA[Municipal bonds have long been an attractive investment option for tax-sensitive investors, because munis are free of federal income tax and often state tax too. Add in the fact that munis generally have relatively higher credit quality and lower price volatility than comparable taxable bonds, and munis could trump corporate...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Wed, 11 Jan 2006 00:00:00 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/municipal+bond.html"><![CDATA[Municipal Bond]]></category>
		<category domain="http://resources.bnet.com/topic/taxes.html"><![CDATA[Taxes]]></category>
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		<category domain="http://resources.bnet.com/topic/finance.html"><![CDATA[Finance]]></category>
	</item>
	<item>
		<title><![CDATA[Liquidity, Default, Taxes and Yields on Municipal Bonds]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=167614]]></link>
		<description><![CDATA[This paper examines the relative yields of Treasuries and municipals using a generalized model that includes liquidity as a state factor. Using a unique transaction dataset, it is able to estimate the liquidity risk of municipals and its effect on bond yields. It is found that a substantial portion of...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Fri, 08 Jul 2005 00:00:00 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/liquidity.html"><![CDATA[Liquidity]]></category>
		<category domain="http://resources.bnet.com/topic/municipal+bond.html"><![CDATA[Municipal Bond]]></category>
		<category domain="http://resources.bnet.com/topic/taxes.html"><![CDATA[Taxes]]></category>
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		<title><![CDATA[Testing the Effects of Sale Method Restrictions in Municipal Bond Issuance: The Case of New Jersey]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=68712]]></link>
		<description><![CDATA[Can state governments save money by restricting the practice of selling tax-exempt bonds through negotiation, or do such regulations impose additional costs? Circumstances in New Jersey recently created a natural experiment to test this proposition. This study finds significant cost savings for those issues sold through competition both before and...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Wed, 01 Jan 2003 00:00:00 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/new+jersey.html"><![CDATA[New Jersey]]></category>
		<category domain="http://resources.bnet.com/topic/social+science+electronic+publishing+inc..html"><![CDATA[Social Science Electronic Publishing Inc.]]></category>
		<category domain="http://resources.bnet.com/topic/municipal+bond.html"><![CDATA[Municipal Bond]]></category>
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		<title><![CDATA[Unit Investment Trusts]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=75389]]></link>
		<description><![CDATA[Tax-exempt unit investment trusts represent one of the simplest ways for Americans to invest in tax-exempt municipal bonds. They offer a wide range benefits, including: Attractive current income free from federal and, in some cases, state and local taxes; High degree of safety with regard to payment of interest and...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Wed, 01 Jan 2003 00:00:00 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/municipal+bond.html"><![CDATA[Municipal Bond]]></category>
		<category domain="http://resources.bnet.com/topic/taxes.html"><![CDATA[Taxes]]></category>
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		<category domain="http://resources.bnet.com/topic/finance.html"><![CDATA[Finance]]></category>
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	<item>
		<title><![CDATA[How Prevalent Is Tax Arbitrage? Evidence From the Market for Municipal Bonds]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=136720]]></link>
		<description><![CDATA[Although tax arbitrage is central to the literatures on tax capitalization, implicit taxes, and even capital structure, there is little empirical evidence of the extent to which firms actually engage in tax arbitrage. This paper provides some evidence on the topic by focusing on a simple and observable corporate arbitrage...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Thu, 01 Aug 2002 00:00:00 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/municipal+bond.html"><![CDATA[Municipal Bond]]></category>
		<category domain="http://resources.bnet.com/topic/tax+arbitrage.html"><![CDATA[Tax Arbitrage]]></category>
		<category domain="http://resources.bnet.com/topic/taxes.html"><![CDATA[Taxes]]></category>
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		<category domain="http://resources.bnet.com/topic/finance.html"><![CDATA[Finance]]></category>
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	<item>
		<title><![CDATA[Municipal Bond]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=109864]]></link>
		<description><![CDATA[This tutorial articulates about Municipal bond. Municipal bonds, sometimes referred to as "munis", are debt securities issued by a state, municipality or county, to finance its capital expenditures. Such expenditures might include the construction of highways, bridges or schools. Munis are bought for their favorable tax implications and are popular...]]></description>
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		<category domain="http://resources.bnet.com/topic/municipal+bond.html"><![CDATA[Municipal Bond]]></category>
		<category domain="http://resources.bnet.com/topic/munis.html"><![CDATA[Munis]]></category>
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