|
| |
| | Capital gains tax - Wikipedia, the free encyclopedia |
 | | In the United States, individuals and corporations pay income tax on the net total of all their capital gains just as they do on other sorts of income, but the tax rate is lower for "long-term capital gains", which are gains on assets that had been held for over one year before being sold. | | | Almost all of the corporation tax raised on chargeable gains is paid by life assurance companies taxed on the I minus E basis. | | | Capital gains tax in Australia is only payable upon realised capital gains, except for certain provisions relating to deferred-interest debt such as zero coupon bonds. |
|
http://en.wikipedia.org/wiki/Capital_gains_tax
(971 words)
|
|
| |
| | Tax Topics - Topic 409 Capital Gains and Losses |
| | When you sell a capital asset, the difference between the amount you sell it for and your basis, which is usually what you paid for it, is a capital gain or a capital loss. | | | The term "net capital gain" means the amount by which your net long–term capital gain for the year is more than your net short–term capital loss. | | | The highest tax rate on a net capital gain is generally 15% (or 5%, if it would otherwise be taxed at 15% or less). |
|
http://www.irs.gov/taxtopics/tc409.html
(456 words)
|
|
| |
| | Capital Gains Taxes and Federal Revenues |
| | A capital gain is an increase in the value of an asset; a decrease in an asset's value is a capital loss. | | | Capital gains taxes often garner policy attention that is disproportionate to their importance in generating federal revenues. | | | Capital gains taxes may influence the level of output not only through their effects on the accumulation of capital but also through the way that capital is allocated among various uses. |
|
http://www.cbo.gov/showdoc.cfm?index=3856&sequence=0
(3219 words)
|
|
| |
| | Can Capital Gains Carry-Over Basis Replace The Estate Tax? -- 3/15/01 |
| | The gain on the asset from the time of purchase to the time of the decedent's death is never taxed under the income tax. | | | Some of the capital gains income that escapes taxation under the income tax may be taxed under the estate tax. | | | If the heirs of such estates later sold the assets, capital gains taxes would be due on the difference between the price for which they sold the assets and the original price the individual who died paid for the asset. |
|
http://www.cbpp.org/3-15-01tax2.htm
(2889 words)
|
|
| |
| | Capital gains tax - dKosopedia |
| | Capital gains taxes are levied whenever an individual sells an asset that has appreciated in value. | | | The individual is then taxed on the difference between the selling price of that asset and their original cost. | | | For example, if you buy an asset for $60,000, and sell that house for $260,000, the $200,000 gain will be taxed. |
|
http://www.dkosopedia.com/index.php/Capital_gains_tax
(357 words)
|
|
| |
| | Financial Services: Calculators |
| | Dividends and capital gains, however, may be eligible for a lower tax rate if the gain occurs in a taxable account. | | | A capital gain is an increase in the price of an asset over the time that you own it. | | | Short-term capital gains are taxed as ordinary income; they do not qualify for the lower tax rate. |
|
http://partners.financenter.com/eecu/learn/guides/investtax/invtaxsto.fcs
(338 words)
|
|
| |
| | capital gain Definition |
| | A realized capital gain is an investment that has been sold at a profit. | | | For most investments sold at a profit, including mutual funds, bonds, options, collectibles, homes, and businesses, the IRS is owed money called capital gains tax. | | | An unrealized capital gain is an investment that hasn't been sold yet but would result in a profit if sold. |
|
http://www.investorwords.com/706/capital_gains.html
(189 words)
|
|
| |
| | Capital Gains - Glossary - Encyclopedia - Library - VC Experts |
| | Long-term capital gains (on assets held for a year or longer) are taxed at a lower rate than ordinary income. | | | The difference between an asset's purchase price and selling price, when the selling price is greater. | | | Browse The Encyclopedia of Private Equity and Venture Capital. |
|
http://vcexperts.com/vce/library/encyclopedia/glossary_view.asp?glossary_id=12
(183 words)
|
|
| |
| | Encouraging Personal Saving and Investment: Changing the Tax Treatment of Unrealized Capital Gains |
| | Changing the tax treatment of mutual funds to allow the realization point that triggers a capital gains tax liability to be moved from the mutual fund level to the shareholder level would increase the rate of return to shareholders and relieve many shareholders of the burdensome necessity of accounting for reinvested capital gain distributions. | | | The gains mutual funds distribute to individual shareholders are subject to capital gains taxation on the individual's federal and state tax returns. | | | Changing the tax treatment of unrealized capital gains so that the point of realization that triggers a capital gains tax liability is moved from the corporate level to the individual level is efficient, equitable and simple. |
|
http://www.house.gov/jec/tax/mutual/mutual.htm
(4121 words)
|
|
| |
| | Realty Times - Real Estate News and Advice |
| | capital gain: since you have held the property for more than one year, you are eligible for the capital gains tax rate, which currently is 20 percent of the appreciation. | | | Oversimplified, your capital gain is the difference between the adjusted selling price ($376,000) and the adjusted purchase price of $123,000 – namely $253,000. | | | Thus, the capital gains tax will be $50,600, Your total obligation to the IRS will be $57,350 (capital gains tax plus recapture). |
|
http://realtytimes.com/rtnews/rtcpages/20021216_capitalgains.htm
(1327 words)
|
|
| |
| | Capital Gains and Losses |
| | Capital gains and losses are a separate category of income and deductions. | | | Folks are hoping, perhaps, that capital gains won't count when they determine whether they can deduct an IRA contribution, or how much of their social security benefit is taxable, or how much of their exemptions are phased out, among other things. | | | A special calculation provides the lower capital gains rate, but doesn't remove capital gains from your overall income (or adjusted gross income). |
|
http://fairmark.com/capgain
(409 words)
|
|
| |
| | Capital Gains - NJ Taxation |
| | Gains and losses from nontaxable transactions like these should not be included on Schedule B. Capital gains and losses must be reported in the year they are realized. | | | The amount of gain or loss from each transaction is computed by deducting from the selling price your cost or adjusted basis in the property sold, including any expenses that you incurred in making the sale. | | | A capital gain is the profit you realize when you sell or exchange property such as real estate or shares of stock. |
|
http://www.state.nj.us/treasury/taxation/text/njit9txt.htm
(600 words)
|
|
| |
| | Schedule D: Reporting capital gains and losses |
| | Since regular income tax rates can be more than twice that levied on some long-term capital gains, when you're finally through with Schedule D and the worksheet, your tax bill should be lower than it would have been if you had simply used the standard tax table to find your tax due. | | | The gain or loss that you enter in column (f) for each asset sold is figured by subtracting your basis, the amount in column (e), from the sales price entered in column (d). | | | Schedule D also wants information on any capital loss carryover you have from earlier tax years, as well as the amount of capital gains distributions you earned on your investments. |
|
http://www.bankrate.com/brm/itax/tips/20010319a.asp
(1260 words)
|
|
| |
| | Capital Gains |
| | Capital gain is the increase in value of your stocks or in any of your assets. | | | Realized: A realized capital gain means that you made a profit by selling a stock at a higher price than you paid for it. | | | Unrealized: On the other hand, unrealized capital gains are profitable only on paper. |
|
http://www.greekshares.com/capgain.asp
(267 words)
|
|
| |
| | Capital Gains 2004 - Before You Start |
| | You generally have a capital gain or loss whenever you sell, or are considered to have sold, capital property. | | | If you sell the units, shares, or securities for which you were issued an information slip, you will have to report a capital gain or loss. | | | See "Chart 1 - Reporting capital gains (or losses) and other amounts from information slips" to find out how to report these amounts. |
|
http://www.cra-arc.gc.ca/E/pub/tg/t4037/t4037-01-e.html
(655 words)
|
|
| |
| | Capital Gain |
| | A capital gain may be short-term (one year or less) or long-term (more than one year), and must be claimed on income taxes. | | | Long-term capital gains are usually taxed at a lower rate than regular income. | | | The gain is not realized until the asset is sold. |
|
http://www.investopedia.com/terms/c/capitalgain.asp
(171 words)
|
|
| |
| | FAQ on Capital Gains |
| | Short-term capital gains are taxed at your marginal rate, which can be as high as 35 percent for 2003. | | | If you have held a capital asset for one year or less, you have a short-term gain or loss when you sell or exchange the item. | | | Report the total of all short-term gains or losses in Part I of Schedule D. If you have held a capital asset for more than a year, you have a long-term gain or loss. |
|
http://www.turbotax.com/articles/FAQonCapitalGains.html
(514 words)
|
|
| |
| | Capital Gains |
| | For gains realized on or after 6 April 1999 capital gains tax rates will be aligned with those for savings income so that gains are charged at 20% where the gains when added to total income are below the basic rate limit and 40% to the extent that they exceed that limit. | | | To avoid such abuse legislation will be introduced so that the person on whom the deferred gain subsequently falls will be liable to a capital gains charge if that person fails to return the liability arising as a consequence of such a concession. | | | The annual exemption for 1999/2000 has been increased to £7,100 for individuals and to £3,550 for most trusts. |
|
http://www.spencerfellows.co.uk/Budget1999/page06.htm
(227 words)
|
|
| |
| | Business Wire: Compass Capital Funds Announces Early Year-End ... @ HighBeam Research |
| | Short-term capital gains are taxable as ordinary income for 1997. | | | Depending on the amount of time a security is held by the fund, the gain is qualified as either short-term or long-term for tax purposes. | | | Compass Capital Funds Announces Early Year-End Capital Gains Distributions for Bond and Equity Funds. |
|
http://www.highbeam.com/library/doc0.asp?docid=1G1:19801219&refid=ink_tptd_g1
(390 words)
|
|
| |
| | Capital Gains |
| | Capital Gains Are the Profits Made on Transactions | | | This tutorial will help you to understand what capital gains are, how they are taxed, and how they can affect your investment strategy. | | | You are probably familiar with the term capital gains from the endless battles on Capitol Hill over the capital gains tax rate. |
|
http://www.precision-info.com/tut.cgi?ps=906223151&tut=1708285346
(89 words)
|
|
| |
| | Smartmoney.com: Tax Guide: The SmartMoney.com Capital-Gains Guide |
| | For gains from other types of investments like collectibles (which are taxed at a maximum rate of 28%) or investment real-estate (which are sometimes taxed at 25%), you'll have to adjust the calculator's output by hand by following the precise rules for that type of asset. | | | Keep in mind that this calculator is geared for 2005 tax year sales of traditional investments (like stocks, bonds and mutual funds). | | | Keep in mind that this is also a good strategizing tool to use when you're weighing whether or not to sell some shares right now or later this year. |
|
http://www.smartmoney.com/tax/capital/index.cfm?story=capitalgains
(618 words)
|
|
| |
| | HM Revenue & Customs: Capital Gains Tax |
| | Responsibility for Capital Gains Tax policy lies in IR Capital Taxes, a business stream of the Inland Revenue which is also responsible for Inheritance Tax and Shares Valuation. | | | Where you have retired due to ill health, and have realised a chargeable gain on disposal of your business, assets of a business which has ceased, or shares in your personal trading company, you may be eligible to claim ill-health retirement relief (for qualifying disposals before 6 April 2003). | | | The legislation - For Capital Gains Tax, the main legislation is in the Taxation of Chargeable Gains Act 1992, which can be found in Volume 4 of the Taxes Act |
|
http://www.hmrc.gov.uk/cgt
(1259 words)
|
|
| |
| | Capital Gains, Minimal Taxes |
| | Capital Gains, Minimal Taxes provides in plain language the most complete explanation available of how to handle gains, losses, dividends and expenses from buying, holding and selling stocks, mutual funds and stock options. | | | The 2004 edition of Capital Gains, Minimal Taxes is now available and in stock for immediate delivery. | | | This is the only book that provides a plain language explanation of all the rules that apply to people who buy and sell stocks, mutual funds and market-traded stock options. |
|
http://www.fairmark.com/books/cgmt.htm
(406 words)
|
|
| |
| | OREXCO - Old Republic Exchange Company Capital Gains Calculator |
| | These calculations show the approximate capital gain taxes deferred by performing an IRC Section 1031. | | | The formula set forth above is provided to help you determine your approximate gain and the sums that you may wish to defer through your exchange transaction. | | | Please enter your figures in the fields provided (enter your numbers with no commas or dollar signs, for example: 300000) and click on the "Calculate" button in each area to perform the calculations. |
|
http://www.orexco1031.com/resources/calculator.asp
(119 words)
|
|
| |
| | HM Revenue and Customs: Rates and Allowances - Capital gains tax |
| | Individuals and others within the charge to capital gains tax are not entitled to indexation allowance for any period after April 1998. | | | For companies and other bodies in the charge to Corporation Tax, this is a link to the Retail Price Index figures and indexation factors for disposals made last month (with links to tables for previous months). | | | HM Revenue and Customs: Rates and Allowances - Capital gains tax |
|
http://www.hmrc.gov.uk/rates/cgt.htm
(195 words)
|
|
| |
| | Save on Capital Gains Taxes |
| | Under the provision (Section 1045), you’re allowed to roll gains from one small-business investment into another and put off paying taxes owed from the initial investment, the money for which can be from any source. | | | A little-known provision in the tax code could result in big savings in capital gains taxes if you invest in entrepreneurial ventures. | | | With this type of tax deferral, if you roll over all your gain, you may get 100 cents on the dollar when you reinvest. |
|
http://www.entrepreneur.com/Your_Business/YB_SegArticle/0,4621,296429,00.html
(174 words)
|
|
| |
| | Capital Gains Tax Rate Calculator |
| | Here is a simple capital gains calculator, to help you see what effects the current rates will have in your own life. | | | Also see the government spending diagram for some context on taxes, deficits, and interest rates. | | | Capital gains rates are designed to encourage long-term investing. |
|
http://www.moneychimp.com/features/capgain.htm
(91 words)
|
|
| |
| | CAPITAL GAINS |
| | Office and multifamily development is soaring and retail is percolating. | | | Put aside thoughts of sleepy Southern towns and federal tax cuts — real estate in our nation's capital is booming. | | | Our nation's capital was laid out in 1791 by George Washington's buddy Pierre L'Enfant on a plan that features sweeping vistas and grand avenues. |
|
http://retailtrafficmag.com/mag/retail_capital_gains/index.html
(1284 words)
|
|
| |
| | capital gains - legal definition |
| | If you sell your primary residence, you can exclude $250,000 in profit from capital gains tax. | | | The profit on the sale of a capital asset, such as stock or real estate. | | | FIND TERM: # A B C D E F G H I J K L M N O P Q R S T U V W Y Z |
|
http://www.nolo.com/definition.cfm/term/71455B31-8837-47CA-BBC63CBF11BEB4AA
(148 words)
|
|
| |
| | Capital Gains - Short Term Capital Gains - Armen Computing Support |
| | Five additional steps to prepare your Gains and Losses for the IRS. | | | Capital Gains - Short Term Capital Gains - Armen Computing Support | | | See how to create your first data file and import your trades in just 5 simple steps. |
|
http://www.armencomp.com/tradelog/support.shtml
(819 words)
|
|
| |
| | Capital Gains - Introduction |
| | Shortly after the Consul's choices have been compiled, the beginning of the "competition" part of Capital Gains begins. | | | Soon, reports of the capture of small capital ships and supplies became commonplace as the Clans expanded their influence. | | | Despite these new findings, Telaris found his attention remaining focused on the Antei system. |
|
http://www.darkjedibrotherhood.org/dbjedi/lch/comp/introduction.htm
(1012 words)
|
|
| |
| | CIA Leak Scandal: Judy Miller and the Times Speak |
| | Even at a time when Bush's supposed political capital is draining faster than the waters of Lake Pontchartrain pouring through a busted levee, this was quite an accomplishment for McCain. | | | They may speak English there, but most citizens still need an interpreter to understand its ways and meanings. | | | David Corn, the Washington editor of The Nation magazine, has spent years analyzing the policies and pursuing the lies that spew out of the nation's capital. |
|
http://www.thenation.com/capitalgames/index.mhtml?bid=3&pid=74
(2454 words)
|
|
|
