31 CFR 345.5 : Money And Finance: Treasury (§ 0.101 To Parts 1061-1099) — (Parts 200-201 To Parts 414-499) — Regulations Relating To Money And Finance (Continued) (Parts 200-201 To Parts 414-499) — Fiscal Service, Department Of The Treasury (Parts 200-201 To Subchapter B) — Bureau Of The Fiscal Service (Parts 200-201 To Parts 392-399) — Regulations Governing 5 Percent Treasury Certificates Of Indebtedness - R.E.A. Series (§ 345.0 To § 345.6) — Taxation.

4 Aug 2016

The income derived from the certificates is subject to all taxes imposed under the Internal Revenue Code of 1954. The certificates are subject to estate, inheritance, gift 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 or any of the possessions of the United States, or by any local taxing authority.

31 CFR 345.5
[40 FR 29846, July 16, 1975]