Like - Click this link to Add this page to your bookmarks Share - Click this link to Share this page through email or social media Print - Click this link to Print this page
ITG FAQ #11 Answer-When exempt income is reinvested, is the reinvestment income subject to taxation?
When exempt income is reinvested, the reinvestment income is subject to taxation. (Superintendent of Five Civilized Tribes v. Commissioner, 295 U.S. 418 (1935)).
Page Last Reviewed or Updated: 10-Dec-2014