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A capital gains tax (CGT) is a tax on capital gains, the profit realized on the sale of a non-inventory asset that was greater than the amount realized on the sale. The most common capital gains are realized from the sale of stocks, bonds, precious metals, and property.Not all countries implement a capital gains tax and most have different rates of taxation for individuals and corporations.

The measure could potentially be enacted by the U.S. Treasury Department, rather than via Congress, by changing the definition of “cost” for the purpose of calculating capital gains. It would allow a …

Information for individuals on capital gains, capital losses and related topics. How to calculate, how to report, Schedule 3, Adjusted Cost Base (ACB)

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On September 28, 2018, Magellan Midstream Partners executed a deal to sell a 50% interest in the BridgeTex Pipeline Company to OMERS, a benefit pension plan for municipal employees in Ontario … caus…

Just as you pay income tax and sales tax, you may very likely have to pay capital gains tax too. Wait, what is capital gains tax, exactly … plug the numbers into a capital gains tax calculator, incl…

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How capital gains tax works - MoneyWeek Investment TutorialsBUSINESS INCOME VS. CAPITAL GAINS · The distinction between whether a transaction is on account of business or on account of capital is important because business income gets included in income at 100% whereas capital gains are only included in income at 50%.

The Tax Man is often the most ignored partner in any business, usually taking a big chunk of your return. For those of you who are considering selling their principal residence, you can be reassured that you likely won’t have to pay any tax on your home provided that you meet certain conditions.

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