• A capital gains tax (CGT) is the tax on profits realized on the sale of a non-inventory asset. The most common capital gains are realized from the sale...
    107 KB (14,127 words) - 19:52, 16 April 2025
  • Thumbnail for Capital gains tax in the United Kingdom
    Capital gains tax in the United Kingdom is a tax levied on capital gains, the profit realised on the sale of a non-inventory asset by an individual or...
    16 KB (1,843 words) - 12:31, 10 December 2024
  • the deduction, and only certain capital gains are eligible for the deduction to be applied. The German tax office levies different capital gains tax based...
    21 KB (2,712 words) - 15:16, 17 March 2025
  • Thumbnail for Taxation in the United Kingdom
    cent tax relief. The facility also allows an individual to defer capital gains liabilities (these gains can be stripped out in future years using the annual...
    59 KB (6,955 words) - 10:50, 9 April 2025
  • Thumbnail for United Kingdom corporation tax
    article, the term "pound" and the £ symbol refer to the Pound sterling. Corporation tax in the United Kingdom is a corporate tax levied in on the profits...
    104 KB (10,096 words) - 20:38, 5 March 2025
  • Thumbnail for Inheritance tax in the United Kingdom
    In the United Kingdom, inheritance tax is a transfer tax. It was introduced with effect from 18 March 1986, replacing capital transfer tax. The UK has...
    30 KB (3,261 words) - 18:10, 18 November 2024
  • Thumbnail for List of countries by tax rates
    groups in each country and sub-national unit. The list focuses on the main types of taxes: corporate tax, individual income tax, capital gains tax, wealth...
    143 KB (5,588 words) - 08:49, 15 April 2025
  • expatriation tax or emigration tax is a tax on persons who cease to be tax-resident in a country. This often takes the form of a capital gains tax against...
    17 KB (2,117 words) - 21:41, 5 January 2025
  • 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 (6,272 words) - 06:33, 23 March 2025
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    companies. Tax revenue Tax information reporting Tax returns in Australia Tax returns in Canada Tax returns in India Tax returns in the United Kingdom Tax returns...
    12 KB (1,261 words) - 18:58, 5 January 2025
  • tax rate) will continue to rise. Capital gains tax (CGT) in Australia is part of the income tax system rather than a separate tax. Capital gains tax was...
    56 KB (3,842 words) - 00:56, 17 March 2025
  • Thumbnail for Tax returns in the United Kingdom
    In the United Kingdom, a tax return is a document that must be filed with HM Revenue & Customs declaring liability for taxation. Different bodies must...
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  • taxpayer may appeal the decision to the Tax Court of Canada and then to the Federal Court of Appeal. Unlike the United Kingdom and the United States, Canada...
    38 KB (3,547 words) - 16:08, 28 October 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...
    67 KB (8,319 words) - 10:28, 27 March 2025
  • Thumbnail for Value-added tax in the United Kingdom
    In the United Kingdom, the value added tax (VAT) was introduced in 1973, replacing Purchase Tax, and is the third-largest source of government revenue...
    34 KB (3,491 words) - 16:04, 8 April 2025
  • reduced capital gains rates to a maximum of 20 percent. Later in the 1980s, Congress began increasing the capital gains tax rate and repealing the exclusion...
    56 KB (7,274 words) - 18:45, 4 April 2025
  • not be sold or have declined in value. Many systems, including the United Kingdom, levy tax on all chargeable "profits of a trade" computed under local generally...
    25 KB (3,184 words) - 23:14, 22 December 2024
  • Thumbnail for United Kingdom
    United Kingdom had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the United Kingdom is...
    360 KB (31,007 words) - 14:30, 17 April 2025
  • tax-exempt items, such as municipal bond interest. In 2010, the United Kingdom and the United States both provided reduced rates of tax for capital gains...
    4 KB (465 words) - 01:19, 9 October 2024
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    payroll, property, sales, capital gains, dividends, imports, estates and gifts, as well as various fees. In 2020, taxes collected by federal, state...
    119 KB (15,268 words) - 01:18, 18 April 2025
  • to a capital gains tax. Superannuation funds can claim a capital gains tax discount where the asset has been owned for at least 12 months. The discount...
    13 KB (1,521 words) - 20:50, 2 July 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) - 19:14, 6 April 2025
  • which is taxed at the 20% capital gains rate. Avoid paying tax on capital gains with the "buy, borrow, die" technique: Buy or earn capital assets like...
    71 KB (8,708 words) - 07:40, 2 April 2025
  • was taxed the same fixed sum (a "poll tax" or "head tax"), with the precise amount being set by each local authority. It replaced domestic rates in Scotland...
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  • Thumbnail for Tax law
    disproportionate, as in the case of the taxation of capital gains versus labor income, in which investors generally pay less tax on investment income...
    11 KB (1,220 words) - 12:52, 25 May 2024
  • 1221. Also see the discussion of capital gains and losses in IRS Publication 550. See HMRC discussion of assets liable to capital gains tax. Clyde P. Stickney...
    10 KB (1,174 words) - 07:39, 26 September 2024
  • Thumbnail for 2024 United Kingdom general election
    The 2024 United Kingdom general election was held on Thursday, 4 July 2024, to elect 650 members of Parliament to the House of Commons, the lower house...
    335 KB (22,483 words) - 14:34, 17 April 2025
  • 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 (4,477 words) - 17:36, 15 March 2025
  • Capital gains earned on income in a TFSA are not taxed at the time the gain is realized. Any money withdrawn from a TFSA, including capital gains, are...
    61 KB (6,327 words) - 19:42, 6 March 2025
  • Thumbnail for Taxation of Chargeable Gains Act 1992
    The Taxation of Chargeable Gains Act 1992 (c. 12) is an act of Parliament which governs the levying of capital gains tax in the United Kingdom. This is...
    3 KB (284 words) - 16:43, 3 June 2024