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#39
03-08-2009, 02:29 AM
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 Bond Tax Question If you pay $92 for a bond with a face value of $100, and the maturity date of the bond is 12 months or longer, is the repayment of principal at maturation of the bond taxed as capital gains? -- W -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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