The Private Federal Reserve Bank Is NOW EXEMPT FROM TAXATION

First published at 00:18 UTC on October 7th, 2023.
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12 USC 531: Exempt from taxation, federal reserve banks, including the capital stock and surplus therein, and the income derived, therefrom shall be exempt from federal, state, and local taxation.
https://uscode.house.gov/view.xhtml?req=granuleid:USC…

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CategoryNews & Politics
SensitivityNormal - Content that is suitable for ages 16 and over
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