A Tax‐induced Clientele for Index‐linked Bonds: A Comment
- Abstract
- Full Text PDF
- Author(s): MICHAEL S. KNOLL
- Published: Apr 30, 2012
- Pages: 1933-1936
- DOI: 10.1111/j.1540-6261.1991.tb04651.x
ABSTRACT
This comment describes the U.S. federal income tax treatment of corporate bonds that are indexed for inflation and argues that these bonds do not have a tax‐induced clientele in the United States.