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Pasig, officially the City of Pasig (Filipino: Lungsod ng Pasig), is a highly urbanized city in the National Capital Region of the Philippines. According to the 2020 census, it has a population of 803,159 people. [3] It is located along the eastern border of Metro Manila with Rizal province, the city shares its name with the Pasig River.
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It is the fifth wealthiest city in the Philippines, behind Pasig, the capital Manila, Makati, and Quezon City, respectively. [124] Taguig is Metro Manila's third top revenue earner in 2023, with ₱13.54 billion in locally sourced revenues, following Makati at second place with ₱19.36 billion, and Quezon City at first place with ₱27.41 billion.
Investors are likely to receive mutual fund capital gains distributions, along with a capital gains tax bill reflecting their profits -- especially because of sizable gains in the S&P 500 this year.
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A capital gains distribution is a payment from a mutual fund or ETF for … Continue reading → The post How Capital Gains Distributions Work appeared first on SmartAsset Blog.
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Capital Gains Are Taxed on a Stepped-Up Basis When you inherit property, whether real estate, securities or almost anything else, the IRS applies what is known as a stepped-up basis to that asset.
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