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).
President Donald Trump wants to end the carried interest loophole. Here’s how the tax break benefits Wall Street investment ...
Different capital assets — such as listed shares, mutual funds, tax-free bonds, debentures, unlisted shares, and real estate ...
The Trump administration's list of tax priorities includes eliminating a loophole that benefits private equity firms, hedge ...
Private investment industry group American Investment Council (AIC) suggested on Friday that U.S. President Donald Trump ...
Ottawa defers effective date of capital gains changes to 2026 and promises exemptions for the tax inclusion increase.
Finance Minister Nirmala Sitharaman proposed alterations to the capital gains tax structure, elevating the short-term capital ...
If you make a gain after selling a property, you'll pay 18% capital gains tax (CGT) as a basic-rate taxpayer, or 24% if you pay a higher rate of tax. For other assets, such as shares, the rate depends ...
The highlight of Finance Minister Nirmala Sitharaman’s budget presentation was giving Income tax relief for the middle class.
The federal government has made a last-minute change to its capital gains inclusion rate increase. However, other tax changes ...