Wondering what the differences between short-term and long-term capital gains taxes are? Check this guide to learn the ...

When you strategically sell investments at a loss to offset capital gains and reduce tax liability, this is called tax-loss ...

The IRS taxes a home sale as gains or losses on an investment. You pay capital gains rates if you owned the property for one year or more, and earned income rates if you’ve owned the home for ...

Sections 54F of the Act allow one to claim exemption from tax on long-term capital gains if the sale proceeds are used for the purchase /construction of a new residential house within the prescribed ...

The taxation of mutual funds depends on the type of mutual fund (equity and debt) and the duration of the investment. In ...

The Cabinet on Tuesday approved a tax reform plan that allows the cancellation of the financial investment gains tax, and ...

The U.K. tax authority found that Rupert Grint (the actor who played Ron Weasley in the Harry Potter films) had misclassified ordinary income as capital gains to achieve a lower tax rate. Here's the ...

Capital gains tax is a levy imposed by the IRS on the profits made from selling an investment or asset, including real estate. Primary residences have different capital gains guidelines than ...

The Board of Directors of Source Capital, Inc. (NYSE: SOR) (the “Fund”), approved a special distribution in December as follows: Special Distribution: ...

The MiCA legislation and the EU's travel rule will go into effect in 2025, intensifying tax oversight in crypto activities.

For properties (land or buildings) acquired before July 23, 2024, resident individuals or HUFs can opt for the more beneficial tax regime—either the new 12.5% rate without indexation or the earlier ...

increased audit power and tax-bill surprises courtesy of guaranteed investment certificates, and it was a dramatic year in ...