Meaning CAPITAL GAINS TAX: The tax levied on profits from the sale of capital assets. A long-term capital gain, which is achieved once an asset is held for at least 12 months, is taxed at a maximum rate of 20% (taxpayers in 28% tax bracket) and 10% (taxpayers in 15% tax bracket). Assets held for less than 12 months are taxed at regular income tax levels, and, since January 1, 2000, assets held for at least five years are taxed at 18% and 8%
More terms such as Capital gains tax in Dictionary C.
- Definition Cornering The Market:
- Examples Purchasing a security or commodity in such volume as to achieve control over its price. An illegal practice capital gains tax definition.
- Definition Cushion Theory:
- Examples The theory that a stock with many short positions taken in it will rise, because these positions must be covered by the stock capital gains tax explain.
- Definition Conventional Mortgage:
- Examples A loan based on the credit of the borrower and on the collateral for the mortgage capital gains tax what is.
- Definition Control:
- Examples 50% of the outstanding votes plus one vote capital gains tax meaning.
- Definition Convertible 100:
- Examples of the 100 convertibles of greatest institutional importance. Weighted by issue size, it measures the performance of its components against that of their underlying common stock and against other capital gains tax abbreviation.
