hello,
i am occasionally turned to as to the meaning of grandfathered bond.
Grandfathered bond is a classification for bonds in the European Union that excludes the payments made on these bonds from retention taxes. For a bond to fall into this classification it has to have been issued before March 1, 2001, or had its prospectus certified before this date, and has not had any re-issues at any point after February 28, 2002.
The retention tax, which became effective on July 1, 2005 when the European Union Savings Tax Directive was implemented, is a withholding tax on interest payments. The retention tax starts out at 15%, but will be raised to 20% on July 1, 2008 and 35% on July 1, 2011. This tax simply withholds some of the interest and the ultimate amount taxed on the interest will depend on several factors including the individual's overall income. This tax only applies to the residents of an EU member state and does not affect the interest payments made to non-EU residents. It also covers savings accounts, fiduciary deposits and investment funds.
The Comentario de forex » ideas about managed forex
clarification of some online forex sites concepts
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Posted 1 month ago #
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one'd better pay little attention to trade ing tips like the assumption that the Mexican Nuevo Peso is expected to stay put vs. the Pakistani Rupee for the near future, and concentrate on trends relating to the primary sector industry field like, for example the fact that the medical equipment industry are probably going to to climb up and cause the MXN-PKR rates to increase, when learning howto study the forex market situation.
Posted 1 month ago # -
anybody?
Posted 1 month ago #
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