To reduce interest-rate and default risk, Ms. Benz suggests sticking with intermediate-term muni-bond funds with a high percentage of their holdings in general-obligation bonds, which are repaid with tax revenue.
Germany, the most biofuelled nation in Europe, has replaced a tax break with a straightforward legal obligation for refiners to blend a certain proportion of biofuels into their wares.
To avoid double taxation, companies operating in states and paying state income taxes can reduce their federal taxobligation by the amount paid to the state (just as individuals can reduce their federal income taxobligation by subtracting their state income tax payment from their income).
The Supreme Court agreed with Vodafone that the deal isn't subject to capital gains tax and Vodafone therefore had no obligation to withhold tax even though the main asset changing hands was a controlling interest in an Indian cellphone company.