capital gains tax

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Capital gains tax

The tax levied on profits from the sale of capital assets. A long-term capital gain, which is achieved once an asset is held for at least 12 months, is taxed at a maximum rate of 20% (taxpayers in 28% tax bracket) and 10% (taxpayers in 15% tax bracket). Assets held for less than 12 months are taxed at regular income tax levels, and, since January 1, 2000, assets held for at least five years are taxed at 18% and 8%.

Capital Gains Tax

The tax paid on profits realized by selling a position held for longer than one year. For example, if someone buys a stock or bond and sells it five years later for more than what he/she paid, that person is assessed the capital gains tax. In the United States, capital gains taxes are lower than regular income taxes. This is because the government wishes to encourage long-term investment. It is important to note that the capital gains tax is only assessed on long-term capital gains, not on short-term capital gains. See also: Long-term capital loss.

capital gains tax

The tax applicable to gains realized from the sale of capital assets, including stocks and bonds. The capital gains tax rate and holding period requirements are periodically changed by Congress. A favorable tax rate is generally applied to realized gains on assets that are sold following a holding period of over one year. Realized capital gains on assets held a year or less do not generally receive favorable tax treatment.

Capital gains tax (CGT).

A capital gains tax is due on profits you realize on the sale of a capital asset, such as stock, bonds, or real estate.

Long-term gains, on assets you own more than a year, are taxed at a lower rate than ordinary income while short-term gains are taxed at your regular rate.

The long-term capital gains tax rates on most investments is 15% for anyone whose marginal federal tax rate is 25% or higher, and 5% for anyone whose marginal rate is 10% or 15%. There are some exceptions. For example, long-term gains on collectibles are taxed at 28%.

You are exempt from capital gains tax on profits of up to $250,000 on the sale of your primary home if you're single and up to $500,000 if you're married and file a joint return, provided you meet the requirements for this exemption.

capital gains tax

a TAX on the surplus obtained from the sale of an ASSET for more than was originally paid for it.

In the UK, CAPITAL GAINS tax for business assets is based (as at 2005/06) on a sliding scale, from 40% on gains from assets held for under one year to 10% on gains realised after 4 years. For persons, capital gains on ‘chargeable'assets (e.g. shares) up to £8,500 per year are exempt from tax; above this they are taxed at 40%.

capital gains tax

a TAX on the surplus obtained from the sale of an ASSET for more than was originally paid for it. In the UK, CAPITAL GAINS tax for business assets is based (as at 2005/06) on a sliding scale, falling from 40% on gains from assets held for under one year to 10% on gains realised after four years. For persons, capital gains on chargeable’ assets (e.g. shares) up to £8,500 per year are exempt from tax; above this they are taxed at 40%.
References in periodicals archive ?
En esta linea de reforzamiento de las alianzas que llevaron al Movimiento Productivo al poder, el gobierno decidio enviar al Congreso un proyecto de ley para crear un Consejo Economico Social que analizase precios, salarios y medidas, el cual fue pensado en la mesa de dialogo social sociolaboral coordinada por la Iglesia Catolica y en linea con el reclamo central de la CGT. Otro de los puntos que decidio impulsar el gobierno para fortalecer su espectro de alianzas, y en funcion de las demandas de los sectores sindicales y sociales, fue el lanzamiento (con el apoyo de la CGT oficial, la UIA, movimientos sociales, ONG's y la Iglesia) del programa nacional para jefes y jefas de hogar desocupados.
A broad range of countries including Canada, USA, Indonesia, India and Vietnam do not mandate the collection of CGT by any intermediary at the time of disposal of securities, and the CGT is payable at the time of filing of returns.
Even more damning, CGT is frequently described as 'economically a bad tax', discouraging entrepreneurship, savings and investments and distorting capital markets.
CGT has been shown to be effective in three randomized clinical trials.
Des violences ont en effet emaille le defile organise lundi apres-midi a Paris a l'appel des syndicats CGT, FO, FSU et Solidaires, pour un 1er mai marque par le rejet du Front national et la defense du progres social.
Berkeley Lab researcher and lead author of (http://dx.doi.org/10.1038/nature22060) a study about CGT, Cheng Gong, said in a statement Wednesday: "Thin films of metals like iron, cobalt, and nickel, unlike 2D van der Waals materials, are structurally imperfect and susceptible to various disturbances, which contribute to a huge and unpredictable spurious anisotropy.
Finally, little literatures are related to the researches on the optimization scheduling of MHES integrated by WPP, PV, PHSP, and cell-gas turbine (CGT).
The protests were part of a wave of demonstrations and work stoppages led by the General Confederation of Labor, CGT, against government plans to reform labor law to make it easier to fire workers, at a time when the jobless rate is at 10 percent.
The protests were part of a wave of demonstrations and work stoppages led by the hardline CGT union against government plans to reform labour law to make hiring and firing easier and help lower the jobless rate from 10 per cent.
The latest action comes as the CGT union hardens its opposition to new labour laws.
NSE trader and independent financial analyst, Aly-Khan Satchu, blames the introduction of the Capital Gains Tax (CGT) early this year for reducing activity on the stock market.