2006-11-13 01:50:28 · 3 answers · asked by JustQA 1 in Business & Finance ➔ Taxes ➔ United States
Yes, since they are residents the same tax laws apply to them as to U.S. citizens.
2006-11-13 02:30:55 · answer #1 · answered by waggy_33 6 · 1⤊ 0⤋
Ak is as a rule suitable. If a employer is putting it is working capital in a municipal money industry account the earnings are usually tax unfastened. the difficulty comes with the acquisition of municipal notes and bonds. If the corporation has debt for any reason the service takes the area that the pastime on the debt is non-deductible to the quantity of the municipal earnings. The earnings are actually not taxable however the pastime could be non-deductible. The reasoning for that's that the service feels which you're conserving the debt to hold the bonds extremely of taking the money and paying down the debt.
2016-10-17 05:32:34 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Yes.
2006-11-13 01:52:37 · answer #3 · answered by spot 5 · 0⤊ 0⤋