Triple Exemption

Triple Exemption There are cases in the marker where certain bonds are exempt from all taxes that could possibly be paid and this is called a triple exemption. Both the dividends and the interest are not taxable at the federal, state, or municipal levels, which is something that every investor loves. This can only happen for investors in certain locations who invest in certain things, however, so the triple exemption is not a common thing in this industry. The most common way to gain this exemption is to invest in municipal bonds, although not every municipality can offer the exemption, as the exemption is usually applicable in places that really need the money.