Municipal Bond Forum

Home > Municipal Bond Forum > Davis Case > North Carolina reciprocity

North Carolina reciprocity

Q

I don’t remember reading anything as cogent and as interesting as your Investor Bond Forum. On a separate matter, does North Carolina tax bonds from other states?

J.V., North Carolina

A

James A. Klotz responds:

Currently, North Carolina taxes all interest earned by its residents from bonds issued by other states. We are awaiting a ruling from the North Carolina Supreme Court regarding the constitutionality of this tax.

May 4, 2007

Start here.

Do you have specific criteria for bonds you’re looking for? Let us know and we’ll e-mail you bonds that fit your needs. There is no charge for this service.

    This report is produced solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. This report is based on information obtained from sources believed to be reliable but no independent verification has been made, nor is its accuracy or completeness guaranteed.