HRS § 39A-295 - Federal tax-exempt status — United States — Hawaii law | Esheria

HRS § 39A-295 - Federal tax-exempt status

Special purpose revenue bonds should, as far as practicable, be issued to meet federal tax-law requirements so their interest is excluded from federal gross income. The department may take actions to help comply, and the part does not bar bonds whose interest is taxable.

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Jurisdiction
United States — Hawaii
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
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bond finance federal income tax treatment

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