Data Dictionary
Item Number 4307
TAX-EXEMPT LEASESCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| BHCK4307 | 1986-06-30 | 2000-12-31 | No | FR Y-9C |
| RIAD4307 | 1984-03-31 | 2000-12-31 | No | Multiple Forms |
Data Description:
Includes the income from those leases reported in Schedule RC-C, part I, item "Lease Financing Receivables (Net of Unearned Income) (2165)", whose income is excludable from gross income for federal income tax purposes, regardless of whether the income from the lease must be included in the bank's or holding company's alternative minimum taxable income and regardless of the federal income tax treatment of the interest expense incurred to carry the lease. Such income is normally derived from certain lease financing receivables of states and political subdivisions in the U.S.
NOTE:
Reported in Schedule RI - Income Statement for the FFIEC 031, 032, and 033 reports.
COMPARABILITY:
Prior to 3/31/90, includes the bank's best estimate of the income included in "Income from Lease Financing Receivables (4065)".