Capital gains and losses are taxed differently from income like wages, interest, rents, or royalties, which are taxed at your federal income tax rate (up to 37% for the 2024-2025 tax filing season).

A home seller may not owe any capital gains taxes on sale of a principal residence if the transaction qualifies for the ...

President Donald Trump wants to end the carried interest loophole. Here’s how the tax break benefits Wall Street investment ...

The Trump administration's list of tax priorities includes eliminating a loophole that benefits private equity firms, hedge ...

Different capital assets — such as listed shares, mutual funds, tax-free bonds, debentures, unlisted shares, and real estate ...

Unit Linked Insurance Plans (ULIPs) with annual premiums exceeding Rs 2.5 lakh will be subject to a long-term capital gains ...

Budget 2025 offers a welcome increase in tax rebates, but it’s important to know where the benefits apply and where they ...

you might be able to use a capital loss to reduce your income for your tax return, if you are reporting capital gains in the same year. Speaking of tax, a capital gains tax is the money owed in ...

Mark Carney plans to announce he won’t follow through with a proposed increase to Canada’s capital gains tax if he wins the ...

The federal government has made a last-minute change to its capital gains inclusion rate increase. However, other tax changes ...

If you’re looking to put the proceeds of an investment property into super, you can, but you’ll need to act fast.

(ii) The Assessing Officer failed to appreciate that as per the DTAA, gains in respect of shares acquired post 4.2017 are taxable as per the Act and that these are the only losses which are carried ...