jimenezmariana1736 jimenezmariana1736
  • 10-09-2021
  • Business
contestada

Does the Federal Reserve pay taxes?

Respuesta :

jakediamond
jakediamond jakediamond
  • 10-09-2021

Answer:

Federal Reserve banks are exempt from paying taxes at the federal, state and local levels, except on real estate holdings. This is because of rules on taxation set forth in Section 7(c) of the Federal Reserve Act.

Explanation:

Answer Link

Otras preguntas

f(x) = 3x + 1 is f^ - 1 (x) = x/3 + 1/3​
PLEASE HELP ME, WILL GIVE BRAINLIEST TO THE BEST ANSWER!! 15 POINTS!! Your school has recently decided to start serving genetically modified food as part of sch
Find the least common denominator for these two rational expressions,
Evaluate the following expression for d=-5 and w=6[tex] \frac{d {}^{0} }{w {}^{ - 3} } [/tex]A. -23B. 1/216C. 216D. -18​
help me please ASAP!!!!!!!!!!!!!!!!!!!!
Evaluate the step function for the given input values. g(x) = g(2) = g(–2) = g(5) =
Anybody know this ?????
Which scenario best illustrates the principle of popular sovereighty?
Which of these word formulas for cellular respiration is correct? A) Oxygen + Sugar → Energy + Carbon dioxide + Water B) Carbon + Sugar → Energy + Carbon dio
A right triangle has an angle that measures 32 degrees. What is the value of the other angle?