• capital gains tax, and most have different rates of taxation for individuals compared to corporations. Countries that do not impose a capital gains tax...
    105 KB (13,834 words) - 16:16, 24 December 2024
  • In the U.S. state of Washington, a capital gains tax of 7% is levied on profits from the sale or exchange of personal long-term capital assets such as...
    15 KB (1,409 words) - 22:09, 5 November 2024
  • In the United States, individuals and corporations pay a tax on the net total of all their capital gains. The tax rate depends on both the investor's...
    56 KB (6,637 words) - 22:12, 31 December 2024
  • Thumbnail for 2024 Washington Initiative 2109
    7% capital gains tax on the sale of long-term capital assets (i.e. stocks, bonds and business interests) worth more than $250,000 in Washington state since...
    23 KB (2,046 words) - 01:18, 24 December 2024
  • Thumbnail for State income tax
    upheld that ruling and the Washington Supreme Court declined to hear the case. In 2022 Washington began taxing capital gains exceeding $250,000. Wyoming...
    75 KB (7,983 words) - 23:03, 1 January 2025
  • oscillating capital gains tax rates. In 1978, Congress reduced capital gains tax rates by eliminating the minimum tax on excluded gains and increasing...
    56 KB (7,292 words) - 20:48, 2 January 2025
  • Thumbnail for Income tax in the United States
    ratified in 1913, and 42 US states impose state income taxes. Income taxes are levied on wages as well as on capital gains, and fund federal and state governments...
    140 KB (14,374 words) - 01:57, 20 December 2024
  • are normally treated as capital gains, but may offer tax benefits when the tax rate on capital gains is lower than the tax rate on dividends. Another...
    52 KB (6,245 words) - 17:32, 12 December 2024
  • held onto the shares, hoping to pay long-term capital gains taxes instead of short-term capital gains taxes. Many of these people were forced to pay the...
    71 KB (8,608 words) - 23:35, 9 December 2024
  • Thumbnail for Sales taxes in the United States
    Sales taxes in the United States are taxes placed on the sale or lease of goods and services in the United States. Sales tax is governed at the state level...
    171 KB (19,831 words) - 02:14, 1 January 2025
  • paying taxes to the government. Most jurisdictions imposing an income tax treat capital gains as part of income subject to tax. Capital gain is generally...
    110 KB (14,332 words) - 14:27, 2 January 2025
  • Internal Revenue Code section 1031 (category Capital gains taxes)
    recognition of capital gains and related federal income tax liability on the exchange of certain types of property, a process known as a 1031 exchange. In 1979...
    29 KB (4,548 words) - 15:32, 16 March 2024
  • A wealth tax (also called a capital tax or equity tax) is a tax on an entity's holdings of assets or an entity's net worth. This includes the total value...
    66 KB (8,291 words) - 09:47, 4 December 2024
  • increased the long-term capital gains holding period from 6 months to 1 year. A unified rate schedule for estate and gift taxes with a $175,000 exemption...
    4 KB (471 words) - 17:57, 4 July 2024
  • Thumbnail for Corporate tax in the United States
    Corporate tax is imposed in the United States at the federal, most state, and some local levels on the income of entities treated for tax purposes as...
    62 KB (6,595 words) - 16:29, 19 December 2024
  • Thumbnail for Taxation in the United States
    federal, state, and local governments with taxes imposed at each of these levels. Taxes are levied on income, payroll, property, sales, capital gains, dividends...
    119 KB (15,309 words) - 14:05, 10 December 2024
  • a significant degree of 'unrealized' capital gains that have never been taxed...." Supporters of the estate tax argue there is longstanding historical...
    74 KB (9,569 words) - 13:24, 28 December 2024
  • Thumbnail for Property tax in the United States
    substantial amount of revenue from income taxes on capital gains from the sale of land and in estate taxes from the passage of property (including land)...
    48 KB (6,345 words) - 07:02, 2 January 2025
  • Moore v. United States (2024) (category 2023 in United States case law)
    to tax unrealized gains as income. The Supreme Court upheld the Mandatory Repatriation Tax (MRT). Charles and Kathleen Moore invested $40,000 in an Indian...
    8 KB (757 words) - 17:28, 11 December 2024
  • Thumbnail for Taxpayer Relief Act of 1997
    creating a permanent exemption for these retirement accounts from capital gains taxes. The Roth IRA was initially proposed by Senators William Roth of...
    8 KB (533 words) - 01:50, 16 August 2024
  • balancing gains on other income and finally by taxing capital gains with full rates. There was another tax act in 1993, in which the alternative minimum tax rates...
    70 KB (8,687 words) - 01:40, 13 December 2024
  • income tax rate of their recipient. This is known as the capital gains tax rate on a short-term capital gains. Accordingly, the capital gains tax rate for...
    77 KB (10,130 words) - 11:51, 16 December 2024
  • this leads to direct employment gains but there is not strong evidence that the incentives increase economic growth. Tax incentives that target individual...
    13 KB (1,557 words) - 14:23, 22 December 2024
  • Thumbnail for Economic Growth and Tax Relief Reconciliation Act of 2001
    Alternative Minimum Tax, and created a new depreciation deduction for qualified property owners. The capital gains tax on qualified gains of property or stock...
    19 KB (2,404 words) - 18:20, 27 September 2024
  • and widely noted tax-cutting policy/agenda of Kansas Governor Sam Brownback that began with Brownback signing a bill cutting state taxes (Kansas Senate...
    58 KB (5,597 words) - 00:53, 21 December 2024
  • the Tax Foundation argues that the exclusion of capital gains income is irrelevant in most years since including capital gains would only shift Tax Freedom...
    19 KB (1,344 words) - 07:39, 26 November 2024
  • Thumbnail for Wealth inequality in the United States
    two proposed tax changes for households with wealth above $100 million. First, is a new "minimum tax" at death for unrealized capital gains above $1 million...
    73 KB (8,107 words) - 21:34, 7 December 2024
  • The Tax Foundation is an international research think tank based in Washington, D.C. that collects data and publishes research studies on U.S. tax policies...
    27 KB (2,448 words) - 03:05, 4 December 2024
  • In the United States, the jock tax is the colloquially named income tax levied against visitors to a city or state who earn money in that jurisdiction...
    15 KB (1,949 words) - 17:45, 9 October 2024
  • In economics, tax incidence or tax burden is the effect of a particular tax on the distribution of economic welfare. Economists distinguish between the...
    29 KB (4,445 words) - 02:42, 30 December 2024