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  2. Gold and taxes: What every investor needs to know

    www.aol.com/gold-taxes-every-investor-needs...

    Protect your portfolio by adding gold today. Gold and taxes: What every investor needs to know ... "Instead of a long-term capital gains tax at 20%, it would be taxed at the collectibles rate of ...

  3. Taxation of precious metals - Wikipedia

    en.wikipedia.org/wiki/Taxation_of_precious_metals

    Gains on the sale of gold are taxed as capital gains under Division 102 of the Income Tax Assessment Act 1997 (ITAA 1997). Long-term investments held for more than 12 months benefit from a 50% tax allowance for individuals and trusts. Capital gains are added to personal income and taxed at progressive rates. [13]

  4. How Do I Avoid Capital Gains Tax on Gold?

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    If you invested in gold and sold it for a profit, you are probably looking for ways to minimize your taxes. Smart tax planning is crucial for the success of your investments. And there are ...

  5. Capital gains tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Capital_gains_tax_in_the...

    Beginning in 1942, taxpayers could exclude 50% of capital gains on assets held at least six months or elect a 25% alternative tax rate if their ordinary tax rate exceeded 50%. [11] From 1954 to 1967, the maximum capital gains tax rate was 25%. [12] Capital gains tax rates were significantly increased in the 1969 and 1976 Tax Reform Acts. [11]

  6. Capital Gains Tax Rates: Here’s What You Need To Know in 2020

    www.aol.com/capital-gains-tax-rates-know...

    In Practice. If you buy a collectible car for $10,000 in March and sell it for $15,000 in September, you have a capital gain of $5,000. Because you owned the car for only six months, it is a short ...

  7. Taxpayer Relief Act of 1997 - Wikipedia

    en.wikipedia.org/wiki/Taxpayer_Relief_Act_of_1997

    The top marginal long term capital gains rate fell from 28% to 20%, subject to certain phase-in rules. The 15% bracket was lowered to 10%. The 15% bracket was lowered to 10%. The act permanently exempted from taxation the capital gains on the sale of a personal residence of up to $500,000 for married couples filing jointly and $250,000 for singles.

  8. Capital Gains Tax Rates for 2024-2025 - AOL

    www.aol.com/finance/capital-gains-tax-rates-2023...

    If you buy a collectible car for $10,000 in March and sell it for $15,000 in September, you have a capital gain of $5,000. Because you owned the car for only six months, it is a short-term capital ...

  9. Gold as an investment - Wikipedia

    en.wikipedia.org/wiki/Gold_as_an_investment

    By contrast, gold jewelry is subject to sales tax in most countries because it is considered a consumer good. Capital gains tax: Profits from the sale of investment gold are treated as capital gains in many countries and taxed accordingly. In the US, special tax rates apply to physical gold, which is also handled differently in the various states.

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