[Code of Federal Regulations]
[Title 31, Volume 2]
[Revised as of July 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR341.13]

[Page 244]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
         CHAPTER II--FISCAL SERVICE, DEPARTMENT OF THE TREASURY
 
PART 341--REGULATIONS GOVERNING UNITED STATES RETIREMENT PLAN BONDS--Table of Contents
 
Sec. 341.13  Taxation.

    The tax treatment provided under section 405 of the Internal Revenue 
Code of 1954 shall apply to all Retirement Plan Bonds. The bonds are 
subject to estate, inheritance, or other excise taxes whether Federal or 
State, but are exempt from all taxation now or hereafter imposed on the 
principal or interest thereof by any State, municipality, or any local 
taxing authority. Inquiries concerning the application of any Federal 
tax of these bonds should be directed to the District Director of 
Internal Revenue of the taxpayer's district or to the Internal Revenue 
Service, Washington, DC 20224.