Which interest income is not subject to any income tax ?
A. Interest income from discount notes
B. Interest income from bonds issued by a bank
C. Imputed interest
D. Interest income from deposit substitute
Answer: C. Imputed interest
Which interest income is not subject to any income tax ?
A. Interest income from discount notes
B. Interest income from bonds issued by a bank
C. Imputed interest
D. Interest income from deposit substitute
Answer: C. Imputed interest