The Latest Breaking News from capital gains

IRS Announces Notable Changes Coming For Filing Taxes

Notable adjustments include updates to long-term capital gains brackets, estate and gift tax exemption limits and eligibility criteria for the child tax credit.

International Business Times · Oct 23, 2024

Mark Cuban, Kamala Harris, and Taxing Unrealized Gains

Some warn that taxing unrealized gains could devastate the economy, but are those fears realistic?

Kiplinger · Oct 21, 2024

Potential Ripple Effects of Taxing Unrealized Capital Gains

The proposed tax on unrealized gains would be limited to those with a net worth above $100 million, but some see a broad impact on markets and businesses.

Kiplinger · Oct 21, 2024

Britain's Millionaire Exodus: Labour's Tax Plans Are Pushing The Rich Out To Greece, Italy And Ireland

UK millionaires are expediting plans to leave the country as fears grow that Labour may announce capital gains tax hikes and an "exit levy" for those leaving.

International Business Times UK · Oct 17, 2024

Millionaires urge Reeves to raise £14bn from capital gains tax changes at Budget

Government analysis has previously all but ruled out the measures

The Independent UK · Oct 17, 2024

Reeves to leave capital gains tax on property untouched, reports say

Fears among landlords and second home owners that tax would rise in budget said to be unfounded

The Guardian - UK · Oct 17, 2024

Five Ways to Minimize a Higher Capital Gains Tax Rate

With Harris’ proposal to raise the capital gains tax rate (which would require congressional approval), investors might want to consider tax-lowering options.

Kiplinger · Oct 17, 2024

Rachel Reeves set to raise capital gains tax rate on sales of shares in Budget

Budget reforms will not increase the rate on sales of properties, it has been reported

Evening Standard · Oct 17, 2024

Labor rules out changing negative gearing or capital gains tax despite backlash to Albanese’s $4.3m cliffside house

Some government MPs called for a rethink amid concerns about Copacabana purchase ahead of election expected to be fought over housing

The Guardian - AU · Oct 17, 2024

Millionaire business owners urge Rachel Reeves to raise £14bn from rise in capital gains tax

Group of wealthy investors argue it would have no impact on investment in the UK and would raise vital funds for public services

The Guardian - UK · Oct 17, 2024