Agribusiness bond

English translation: tax-exempt bonds (for agribusiness)

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English term or phrase:Agribusiness bond
English translation:tax-exempt bonds (for agribusiness)
Entered by: Yvonne Gallagher

12:57 Mar 27, 2015
English to English translations [PRO]
Bus/Financial - Finance (general) / financial investments
English term or phrase: Agribusiness bond
In a Brazilian Income Tax Return there is a financial investment with the follwing features:
1) the guarantee is rural land, livestock or agricultural machinery;
2) the investor, if an indivdual rather than a legal entity, pays no income tax on the earnings;
3) the money invested will be used by the financial institution to finance agribusiness (it will be borrowed by farmers/agribusiness companies).

My questions are:
1) is there any similar type of investment in the US financial market?
2) if so, what's its name/type?
3) if not, would "agribusiness bond" be misleading or acceptable as an explanation?
4) if agribusiness bond is wrong, what do you suggest?
Ana Rita Santiago
Brazil
Local time: 10:14
tax-exempt bonds (for agribusiness)
Explanation:
obviously different countires have different types of tax-exempt bonds (or letters of credit) so here it is for agribusiness but there won't necessarily be a match in the US though Benjamin has found a low-tax bond in South Dakota.

In the US there are many munis or municipal bonds which are popular and there may be federal ones as well
http://www.investopedia.com/terms/m/municipalbond.asp
http://www.mbwi.com/ag-lending.html

and here is explanation for Brazil
http://www.anbima.com.br/anuariodefundos/2014/en/A_Industria...

"The government uses income tax exemptions to promote or stimulate a determined market, as in the case of the agribusiness, real estate and infrastructure sectors, where there are bonds exempt from income tax, such as Agribusiness Letters of Credit (LCA – Letras de Crédito do Agronegócio) and Real Estate Letters of Credit (LCI - Letras de Crédito Imobiliário). "

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Note added at 5 days (2015-04-02 08:35:03 GMT) Post-grading
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Glad to have helped
Selected response from:

Yvonne Gallagher
Ireland
Local time: 13:14
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4tax-exempt bonds (for agribusiness)
Yvonne Gallagher


Discussion entries: 3





  

Answers


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agribusiness bond
tax-exempt bonds (for agribusiness)


Explanation:
obviously different countires have different types of tax-exempt bonds (or letters of credit) so here it is for agribusiness but there won't necessarily be a match in the US though Benjamin has found a low-tax bond in South Dakota.

In the US there are many munis or municipal bonds which are popular and there may be federal ones as well
http://www.investopedia.com/terms/m/municipalbond.asp
http://www.mbwi.com/ag-lending.html

and here is explanation for Brazil
http://www.anbima.com.br/anuariodefundos/2014/en/A_Industria...

"The government uses income tax exemptions to promote or stimulate a determined market, as in the case of the agribusiness, real estate and infrastructure sectors, where there are bonds exempt from income tax, such as Agribusiness Letters of Credit (LCA – Letras de Crédito do Agronegócio) and Real Estate Letters of Credit (LCI - Letras de Crédito Imobiliário). "

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Note added at 5 days (2015-04-02 08:35:03 GMT) Post-grading
--------------------------------------------------

Glad to have helped

Yvonne Gallagher
Ireland
Local time: 13:14
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 40
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