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Mutual exclusion doctrine |
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Mutual exclusion doctrineThe doctrine that ruled that municipal bond interest is federal tax-free. In return for this federal tax exemption, states and localities cannot tax interest generated by federal government securities.Mutual exclusion doctrine Similar MatchesAnnual exclusionAnnual exclusionA tax rule allowing the deduction of certain income from taxation. "Once in a Lifetime" Tax Exclusion"Once in a Lifetime" Tax ExclusionA forgiveness of a portion of the tax due on the sale of a residence by a senior citizen. As the term denotes, the exclusion can be taken only once. Policy exclusionsPolicy exclusionsThese are events, instances or possessions which are not covered by your household or other insurance policy. This can be confusing as the main policy may seem to imply that such events, instances or possessions are covered only to excluded in the small print of the policy. Moral: Read the small print. ExclusionExclusionA clause in an insurance policy which specifies items or conditions not covered.In the US, an item which is excluded from taxation such as contributions to an individual retirement account. Income exclusion ruleIncome exclusion ruleThe IRS rule that excludes certain types of income from taxation, e.g., welfare payments. Further SuggestionsRobots Exclusion StandardExclusions |
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