After-tax basis

The comparison basis used to analyze the net after-tax returns on a corporate taxable bond and a municipal tax-free bond.

After-Tax Basis

A comparison of net yield between taxable and tax-exempt bonds, especially corporate bonds and tax-free municipal bonds. A corporate bond yields less than its stated interest rate because of taxation, whereas a tax-exempt municipal bond does not. Thus, a municipal bond paying a lower interest rate will often net the bondholder more than a corporate bond with a slightly higher interest rate, depending upon one's tax bracket. See also: Municipals-over-bonds spread.

单词	after-tax basis
释义	After-tax basis After-tax basis The comparison basis used to analyze the net after-tax returns on a corporate taxable bond and a municipal tax-free bond. After-Tax Basis A comparison of net yield between taxable and tax-exempt bonds, especially corporate bonds and tax-free municipal bonds. A corporate bond yields less than its stated interest rate because of taxation, whereas a tax-exempt municipal bond does not. Thus, a municipal bond paying a lower interest rate will often net the bondholder more than a corporate bond with a slightly higher interest rate, depending upon one's tax bracket. See also: Municipals-over-bonds spread.
随便看	landrum griffin act of 1959 landrum-griffin act of 1959 landrum, phillip mitchell land run landry landry-guillain-barre-strohl syndrome landry-guillain-barre syndrome landry-guillain-barré-strohl syndrome landry-guillain-barré syndrome landry, jean b.o. landry, jean bo landry paralysis landry's paralysis landry syndrome landry thomas wade landry, tom landry’s palsy lands lands adjacent to the town of banff land sail landsail land sailing landsailing land sake land sake!