Unlimited Tax Bond

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Dictionary Says

Definition of 'Unlimited Tax Bond'

A municipal bond that is backed by the pledge of the issuer (generally a city or municipality) to raise taxes, without limit, to service the debt until it is repaid. Because of this feature, unlimited tax bonds may have higher credit ratings and offer lower yields than other comparable municipal bonds of the same maturity.
Investopedia Says

Investopedia explains 'Unlimited Tax Bond'

While the issuer of unlimited tax bonds in theory can raise taxes at an unlimited rate, in practice it may be difficult to raise taxes beyond a certain point. One of the factors that credit analysts use to rate such bonds is the ability of the issuer to enforce penalties against and recover taxes from delinquent taxpayers.

Search results for

'Unlimited Tax Bond'

  • Series 6 Study Guide - Investment Securities - Municipal Bonds ...

    http://www.investopedia.com/exam-guide/finra-series-6/investment-securities/municipal-bonds.asp
    ... legal limitation on their power to tax issue unlimited tax bonds ... Tax burden on and
    source of tax payments for the ... The quality of a revenue bond issue depends on ...

  • Estate Planning: Marital And Non-Marital Trusts | Investopedia

    http://www.investopedia.com/university/estate-planning/estate-planning7.asp
    ... Unfortunately, the unlimited marital deduction is denied for property ... from the
    distribution the QDOT tax imposed on ... the US trustee furnishes a bond in favor of ...

  • 10 Sources Of Nontaxable Income

    http://www.investopedia.com/articles/tax/10/nontaxable-invome-sources.asp
    ... 2010, unlimited, 35 %. ... more than the exemption, you'll still get the exempt amount
    tax free ... Municipal Bond Interest Most of the time, when you invest in bonds, you ...

  • Series 66 Study Guide - Analyzing Your Client's Financial Profile ...

    http://www.investopedia.com/exam-guide/series-66/analyzing-financial-profile/estate-gift-taxes.asp
    ... 2010, Tax Repealed. Nevertheless, not all transfers upon death are taxable. There
    is an unlimited marital exclusion that applies to direct transfers or certain ...

  • Series 65 Study Guide - Taxation Issues - Estate and Gift Taxes ...

    http://www.investopedia.com/exam-guide/series-65/taxation/estate-gift-taxes.asp
    ... certain value without being subject to the gift tax. For 2007, the limit is $12,000.
    Individuals can gift up to this amount each year to an unlimited number of ...

  • Series 65 Study Guide - Analyzing Your Client's Financial Profile ...

    http://www.investopedia.com/exam-guide/series-65/analyzing-client-profile/client-type.asp
    ... each partner's personal income tax return). Limited partnership - the general partner
    is responsible for managing the business and has unlimited liability for ...

  • A Primer On Preferred Stocks

    http://www.investopedia.com/articles/stocks/06/preferredstock.asp
    ... Callability Preferreds technically have an unlimited life because they have no ... are
    paid from the company's after-tax profits, while bond interest is ...

  • Pros And Cons Of Offshore Investing

    http://www.investopedia.com/articles/02/020602.asp
    ... is no shortage of money-market, bond and equity ... are much more flexible, giving investors
    unlimited access to ... Beyond Your Borders.) Disadvantages Tax Laws are ...

  • Series 66 Study Guide - Analyzing Your Client's Financial Profile ...

    http://www.investopedia.com/exam-guide/series-66/analyzing-financial-profile/client-type.asp
    ... partner's personal income tax return). Limited partnership - Here the general partner
    is responsible for managing the business and has unlimited liability for ...

  • Series 7 Study Guide - Derivatives - Spread Option Strategies ...

    http://www.investopedia.com/exam-guide/series-7/derivatives/option-spread-strategy.asp
    ... a call. As discussed earlier, covering mitigates a lot of the risk of writing
    a call - risk which is otherwise unlimited. But covering ...

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