Government Tax Deed Sales: Difference between revisions
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Revision as of 08:48, 22 September 2024
Tax, it's not a dirty four letter word, however for many of people its connotations are far worse than any bane. It's been found that high tax rates generally relate to outstanding social services and standards of living. Developed countries, where the tax rate exceeds 40%, usually have free health care, free education, systems to appreciate the elderly and a higher life expectancy than those with lower tax rates.
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B) Interest earned, although paid, throughout a bond year, must be accrued at the conclusion of the bond year and reported as taxable income for that calendar year in that the bond year ends.
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