Interest from municipal bonds is exempt from federal income tax. Interest from Treasury bills, notes and bonds is exempt from state income taxes. Other forms of interest income is taxable as regular income. Interest paid by corporations to bondholders is a tax-deductible expense to the corporation.
VERA: Season 4. Airs Fridays, July 31, Aug. 7 & 28 & Sept. 4, 2015 at 10 p.m. on KPBS TV. Above: Multi-award-winning actress Brenda Blethyn as DCI Vera Stanhope, and David Leon as Sergeant Joe Ashworth in the fourth season of VERA.
Episode 1: âOn Harbour Streetâ airs Friday, July 31 at 10 p.m. - In the new season of VERA, DCI Vera Stanhope investigates the mysterious death of pensioner Margaret Kraszewski on a busy Newcastle train at the height of rush hour.