January 9, 2009
Senator Says He Will Champion Bill to Prevent Internet Tax
Legislation to be introduced would exempt Internet traffic from federal excise tax.
S Korean tax haven blow to hit investors
South Korea's finance ministry will announce a list of "tax havens" through which foreign investors will no longer be able to automatically claim double-taxation treaty benefits, a move that banks and multinational companies warn could significantly damage investor confidence in Asia's third largest economy.
Tax Incentives Urged For New Technology In Taiwan
The government should encourage the development of new technology and new applications of old technology through offering grants or tax breaks, an economic advisor to President Chen Shui-bian recommended Monday.
Current Capital Gains Tax Rate -
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Capital Gains on Real Estate will be taxed at the new 20% capital gains rate - down from the current 28 %. The old law provided a $125,000 "one time" tax free exclusion on profits for home sellers
Impact of Capital Gains Tax Cut in 2001: CTJ Analysis According to stock broker Charles Schwab, who is lobbying for a capital gains tax cut, the current 20 percent capital gains tax rate has led to “stock prices that [are] too high”—implying that a
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Tax Rates on Dividends and Capital Gains - Tax Law Changes - Qualified ... on their long-term capital gains instead of the current 10 percent rate. No taxes will be due in 2008 on long-term capital gains. There are no changes to the tax rate for short-term capital
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Capital Gains Tax Explained those in the 28% tax bracket or higher, the new law creates a maximum capital gains rate of 18% for assets Taxes Recent Capital Gains Tax Changes High-worth the asset at its current value and buying
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