Talking to an estate planning professional can help you. Do I pay capital gains on an inheritance? You might have to pay taxes on money received from the sale of inherited property if you sell it ...

Get a clear explanation of capital gains tax on inherited homes, including the role of basis, step-up, and exclusions.

The Trump administration's proposals, including the potential repeal of the federal estate tax, have implications for capital ...

Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, ...

Budget 2025 Live Updates: The revision of the Capital Gains Tax regime was a key feature of Budget 2024, impacting investors across various asset classes. Finance Minister Nirmala Sitharaman ...

Peter Hicks, research analyst at Chelsea Financial Services, explains why Venture Capital Trusts (VCTs) are gaining enhanced ...

Many younger Canadians have significant unused contribution room, but making the most of deductions requires a plan ...

Some common examples of direct taxes include income tax, corporate tax, capital gains tax, and inheritance tax (though India doesn’t currently levy inheritance tax). These taxes are based on ...

Capital gains tax does not apply to real estate that qualifies as your principal residence for all years you owned it. Capital gains are often considered a form of “passive income.” ...

As the government seeks to raise an extra £2 billion through IHT increases, a crackdown by HMRC on underpayment is expected to escalate.