tax-free instruments

tax-free instruments
не облагаемые налогом инструменты
Долговые ценные бумаги, выпущенные федеральным правительством, штатом или муниципальными агентствами, выплаченный процент по которым полностью или частично освобожден от подоходных налогов федерального правительства или штата.

Англо-русский словарь по инвестициям. 2014.

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