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Mutual exclusion doctrine

Doctrine establishing that Interest earned on federal Debt will not be taxed by state or local Governments, and Interest earned on state and Local government Debt will not be taxed by the federal government.

Related Terms: 7 Debt, Fed, Governments, Interest, Local, Tax, TRIN
Other Related Pages: Category: Taxes Starting With: M
Semi Related Terms: 399 CLICK HERE TO VIEW
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