MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, October 29, 2007 Is It the End of the World as We Know It For Muni-Bond Funds? Next week the Supreme Court will hear a case that could end the preferential tax treatment of municipal bonds. Bloomberg's Greg Stohr and Jeremy R. Cooke report that, on November 5, the justices will listen to a case about whether or not Kentucky's taxes on out-of-state (but not in-state) bonds violates the Constitution. (Article I, Section 10 states that, "No state shall, without the consent of the Congress, lay any imports or duties on imports ...") Printed from: MFWire.com/story.asp?s=16241 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |