Andrew is the English form of a given name common in many countries. In the 1990s, it was among the top ten most popular names given to boys in English-speaking countries. In Italian, the equivalent to Andrew is Andrea, though Andrea is feminine in most other languages. Andrew is frequently shortened to Andy or Drew.
Some Municipal Bonds are Federally Taxable. The federal government does not tax most activities of states and municipalities, giving most muni bonds tax-exempt status, but some activities do not fall under this tax exemption.
One of the advantages of municipal bonds is that they are free of state income taxes. As a general rule in most states, if the bonds are issued in a particular state, they are exempt from that stateâs income taxes. For instance, a bond issued by a municipality in New York will be exempt from New York state income tax. Since there are 50 states plus D.C. and territories such as Puerto Rico, the U.S. Virgin Islands, and Guam, it is not possible for us to go over examples involving each state.