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Capitol Gains Tax, or CGT, is a tax charged on the sale or profit of a capitol asset.
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Fast Facts
- Tax rates of capital gains generally lower than other sources of incomeIRS: Capitol Tax Facts
- 2007 capitol gain rates: 5%, 15%, 25%, 28%IRS: Capitol Tax Facts
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Capital Gains Tax on Twitter Powered by Twitter
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Your Money: Understanding the capital gains tax | Funds Mutual http://cli.gs/AETPD
@Carissa6tv | November 14, 2009 10:34 PM -
I am angry that the IRS has decided to tax ETFs like gld at a higher rate than capital gains. Why is gld considered a collectable?
@pbangler | November 14, 2009 10:24 PM -
Welcome to Public Finances Article: What is Capital Gains Tax?: For limited companies capital gains form part o.. http://bit.ly/3hRB3f
@vidalconsulting | November 14, 2009 11:05 AM -
Want to create jobs? Cut capital gains & death taxes & extend the Bush tax cut rates.
@SchwinnSwan | November 14, 2009 03:57 AM -
IF YOU CAN'T BEAT THEM... TAX'EM! The 69% increase in capital-gains taxes http://ow.ly/C2si #tcot #tlot #obamacare #hcr #killbill
@Synders777 | November 14, 2009 02:47 AM
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Questions and Answers About Capital Gains Tax | View All | Ask a Question
View All Capital Gains Tax Questions (789) | Ask a QuestionHow does the capital gains tax work? (2 Answers)1)How does capital gain tax work? # Almost everything you own and use for personal purposes, pleasure or investment is a capital asset. # When you sell a capital asset, ... read moreWhat is the cheapest way to do taxes online? Need to include capital gains like stocks too! (1 Answer)I have been using Tax Act for several years now. Ferderal tax preparation is free and the package that allowed me file electronically and prepared my state return as well ... read moreWhy is my name capitalized on all banking/tax forms? (1 Answer)The reason is much less sinister. Using all capital letters makes a name (and address, for that matter) easier to read, and prevents spelling and capatilization errors.A lot of people ... read moreMy mutual fund tanked in this economy but apparently it accrued capital gains! Read on...Please HELP! (7 Answers)This is not very unusual when the market is going badly. As customers rush to take money out of the fund, the fund is forced to sell assets. Based on ... read more
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