Capital gains tax is charged at 24 per cent on the amount of profit made when disposing of an asset such as a property, land or shares. Under the Resolution Foundation plans, the levy would not be ...

As the value of homes continues to rise, the taxes associated with homeownership and selling a home are receiving increased attention. Property taxes and capital gains taxes are at the forefront of ...

In one corner: property taxes, rising steadily thanks to rising assessments, voter-approved bonds, and shifting local budgets. In the other: the capital gains tax, a hit that can surprise even ...

Selling a second home can come with an unexpected tax burden. It doesn't matter if it's an inherited ramshackle cabin, a luxury vacation retreat, or even a rental investment, the IRS treats the sale ...

Profits from a home sale are subject to capital gains taxes. This sale will count toward your total capital gains for the year, and will be taxed at the normal rates of either 0%, 15% or 20%. That ...

NRIs selling property in India pay capital gains tax locally, but must also check how gains are taxed in their country of ...