Taxable Gain

(redirected from Taxable Gains)

Taxable Gain

Any income or other money that is subject to taxation.
References in periodicals archive ?
The CGT rate of 18% will apply to individuals where taxable gains (above the pounds 10,100 exemption) and income fall within the basic rate band and the 28% rate applies to taxable gains or part of gains which exceed the basic rate band, which for 2010-11 is pounds 37,400.
As home prices escalate and the IRC gain exclusion remains stationary, the potential for taxable gains looms ever larger.
An incorrect determination could mean missed deductions or deductions in excess of basis, resulting in taxable gains.
Also, unlike the current law, the FIB will not grant individuals a waiver or reduced rate of withholding for sales with small taxable gains.
Crashing stock markets may have driven many private investors away from equities for the time being, but they are still a worthwhile option for those looking to shield taxable gains.
When done in a taxable account rather than in a tax-deferred retirement plan, this strategy provides immediate tax losses, while deferring taxable gains.
Third, nobody knows your situation quite as well as you; nobody knows whether you want to take taxable gains or not that year - in a mutual fund you have no choice.
95 plus $4 shipping, call 800-4-TAX-KIT), to keep track of home improvement which will be deductible from taxable gains.
Increased Taxable Gains on Disposition of Subsidiaries.
Effective tax rates for long-term taxable gains are as follows: 1985-1986 = 20%; 1987-April 1997 = 28%; May 1997-May 5, 2003 = 20%; May 6, 2003-December 2006 = 15%.
According to the Treasury Department, such transactions not only enable companies to avoid taxes by making nominal structural modifications, they also produce taxable gains for investors who often fail to report them.
may produce taxable gains that do not represent the individual's "true" economic gain in foreign currency.