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Old 2009-03-06, 22:15   Link #364
Nosauz
Senior Member
 
Join Date: Feb 2009
Age: 35
The interest you earn from the bonds is not taxed, since I'm still a student, and I'm only studied managerial accounting I don't know if the sale of a bond is taxed but I believe it isn't because its basically an equivalent exchange of money. Its like giving an IOU, but the governemnt doesn't tax the interest.
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