Tax Exempt Obligations definition

Tax Exempt Obligations means any bond, note or other obligation issued by any person, the interest on which is excludable from gross income for federal income tax purposes.

Tax Exempt Obligations means bonds or other obligations the interest on which is excludable from the gross income of the owners thereof under Section 103 of the Code and include certain regulated investment companies, stock in tax-exempt mutual funds and demand deposit SLGS.

Tax Exempt Obligations means obligations to which Section 103 of the Code applies, the interest on which is excluded from gross income for federal income tax purposes.

Examples of Tax Exempt Obligations in a sentence

• Request Tax Exempt Obligations for Pennsylvania Personal Income Tax Purposes (Form REV-1643) for a list of exempt obligations.• Dividends distributed under a charitable gift annuity are not taxable.

• Public Hearing for the Financing of Certain Facilities from the Sale of Tax- Exempt Obligations – Financing of the Dignity Health Medical Office BuildingSTAFF REPORT: H.

• Interstate Action 1- I-81 Pine Grove to Minersville Resurface and I-80 Exit 308 Realignment- advance and release funds due to August redistribution.

• The Director of Finance is authorized to execute on behalf of the City a report of the issuance of the Tax Exempt Obligations as required by Section 149(e) of the Code.

• Motion by Councilmember Barnett, seconded by Councilmember Barnett, to adopt a resolution stating official intent to reimburse certain expenditures using the proceeds of Tax Exempt Obligations issued by the City.

More Definitions of Tax Exempt Obligations

Tax Exempt Obligations means any Refunding Bonds the interest on which is intended to be excluded from gross income for federal income tax purposes.

Tax Exempt Obligations means bonds, notes, certificates or other obligations, the interest on which is excluded from gross income under the United States Internal Revenue Code.

Tax Exempt Obligations means any Series of Bonds issued pursuant to the terms of this Resolution together with an opinion of Bond Counsel to the effect that the interest on such Bonds is excludable from gross income pursuant to the provisions of the Code (notwithstanding the application of the provisions of the Code relating to alternative minimum taxation).

Tax Exempt Obligations means tax-exempt bonds, notes, certificates, or other obligations included in the meaning of “bonds” under Code Section 150.

Tax Exempt Obligations means, collectively, (i) District Debt and (ii) obligations issued by a Municipal Customer to finance District-Operated Facilities, the interest on which is not includible in gross income of the owners thereof for federal income tax purposes.

Tax Exempt Obligations means all bonds, notes, lease-purchase contracts and other evidences of indebtedness, the income on which is excludable from the gross income of the holders thereof under Section 103 of the Internal Revenue Code of 1986, as amended (the “Code”); and

Tax Exempt Obligations means those certain obligations executed and delivered by or on behalf of the District, representing and evidencing interests of the owners thereof in certain installment payments made by the District for the acquisition of the Project, whose proceeds were used to finance, refinance or reimburse the costs of Seismic Remediation Improvements, in an aggregate principal amount of not to exceed the net amount, following the application of proceeds of sale of the General Obligation Bonds, required to complete the Seismic Remediation Improvements pursuant to State mandate and the District's competitive bid process for such improvements. The term