Capital Gains Tax

A capital gains tax (CGT) is a tax on the profit realized on the sale of a non-inventory asset. The most common capital gains are realized from the sale of stocks, bonds, precious metals, real estate, and property. Not all countries impose a capital gains tax and most have different rates of taxation for individuals and corporations. Countries that do not impose a capital gains tax include Bahrain, Barbados, Belize, Cayman Islands, Isle of Man, Jamaica, New Zealand, Sri Lanka, Singapore, and others. In some countries, such as New Zealand and Singapore, professional traders and those who trade frequently are …

Wikipedia Share

Publications

World Bank Group · 20 October 2021 English

In the last five years, since the last Systematic Country Diagnostic (SCD) was written in 2016, Mozambique experienced several severe shocks affecting economic growth, poverty reduction, and stability. These events …

restructuring, and lenders 9This includes capital gains tax of 2.5 percent of GDP, meaning that excluding


World Bank Group · 20 October 2021 English

restructuring, and lenders 9This includes capital gains tax of 2.5 percent of GDP, meaning that excluding


IMF · 19 October 2021 English

As a result, fiscal revenue declined by 15 percent since 2016; payroll tax revenue declined by only 4.5 percent, whereas the turnover tax revenue declined by 23 percent. In return, the authorities committed to make structural changes to their tax system, making it more growth-friendly and equitable, while optimizing and ensuring its revenue mobilization capacity.

determine how best to implement a comprehensive capital gains tax as part of the PIT M + Profit Tax (PT) into capital gains. Implementation of a new capital gains tax on individuals (who have been exempt from determine how best to implement a comprehensive capital gains tax as part of the PIT. E. Profit Tax (Winstbelasting;


Urban Institute · 14 October 2021 English

An employer payroll tax from France offers an effective strategy for financing affordable rental housing because of its history of success, straightforward application, and ease of translation to US tax In this brief, we discuss the US rental housing challenge, review the history and application of France’s employer payroll tax, and identify trade-offs for policymakers interested in implementing a similar

investing in unsubsidized rental housing (e.g., capital gains tax exemptions and tax deductions in exchange


Cato Institute · 29 September 2021

Biden‚Äôs jobs plan touts ‚Äúresearch‚ÄĚ 20 times and ‚Äúinnovation ‚Äú17 times. But Democrats‚Äô proposed capital gains tax hikes would undermine research and innovation in technology hubs such as Silicon Valley. New reason why we‚Äôve long kept capital gains tax rates below ordinary tax rates, and it is why most high‚Äź‚Äčincome nations do the same.Our combined federal‚Äź‚Äčstate capital gains tax rate of 29% is already higher of Silicon Valley firms offer stock options to employees, which are generally taxed at the capital gains tax rate. Low capital gains taxes and stock options give startups a chance at challenging dominant


IMF · 28 September 2021 English

This paper aims to contribute to the international policy debate around profit shifting, tax avoidance and SSA’s revenue mobilization efforts in three ways. Second, it assesses the magnitude of profit shifting in mining drawing on new macro level research, supplemented by case studies to illustrate the lived experience of tax avoidance in SSA mining. Third, the paper identifies tax policy reforms that could boost revenue mobilization in SSA.

In addition, for those countries imposing capital gains tax on indirect transfers occurring offshore dividend or interest withholding taxes; no capital gains tax; a reduced royalty rate; CIT accelerated In addition, for those countries imposing capital gains tax on indirect trans- fers of interests in mines


Cato Institute · 27 September 2021

taxes would damage America‚Äôs technology industries and entrepreneurial economy.Let‚Äôs look at capital gains tax rates in the high‚Äź‚Äčincome OECD nations. In the chart below, the red bar in the middle is the Foundation, include both federal and state taxes.Biden has proposed doubling the top federal capital gains tax rate. With state taxes on top, that would push the U.S. rate up to the highest in the OECD at to raise capital gains tax rates, the Democrats are ignoring the best practices of our trading partners, and also ignoring the bipartisan consensus over the past century to keep capital gains tax rates at


Grattan Institute · 22 September 2021 English

housing more affordable Summary We welcome the opportunity to make a submission to the House of Given the allocation of federal responsibilities, the most direct way Representatives Standing Committee on Tax While the policy merits of taxing housing markets collapse.44 owner-occupied housing are sound, the politics is likely to be particularly intractable.47 Including more of the value of the family home in

where housing costs were should reduce the capital gains tax discount from 50 per cent to 25 per manageable demand for housing. The Federal reduced the capital gains tax discount and abolished negative gearing 41 superannuation fund. FHB = first home buyer. CGT = capital gains tax. Source: Daley et al (2018a, Figure 5.2). Parsonage, H. Hot property: negative gearing and capital gains tax. https://grattan.edu.au/report/hot-property/


IMF · 15 September 2021 English

Selected Issues

the income at a later stage, and without capital gains tax, the distribution tax can be avoided. This revenue constraints. ‚ÄĘ Introduction of a capital-gains tax should be considered a priority to address


World Bank Group · 14 September 2021 English

The science, technology, and innovation (STI) report provide analytical support for Vietnam's upcoming ten-year STI strategy 2021-2030 and the socio-economic development strategy (SEDS) 2021-2030. The STI report has been prepared …

and acquisition (M&A) market and a high capital gains tax, among other exit issues. On the demand side


View more