Trump said, “Well, I’ve done the payroll tax cut — you know, this is a temporary payroll tax cut, but this is a very substantial, positive jolt to the economy. I’m going to do a capital gains tax cut to 15% in second term. We’re going to get it down to 15. It’s at 21. We’ll get that down to 15%. And I’ll get that done easily. We’re going to take the House.” … [Read more...] about Trump: ‘I’m Going to Do a Capital Gains Tax Cut to 15%’ in My Second Term
Foreign investor us capital gain tax
Nonetheless, over the first six months of 2020, the total amount of debt securities owed by the Canadian federal government was up by 44.6 percent. Foreign investors contributed strongly to this financing activity as their holdings of these instruments increased by 25 percent over this period. Enditem … [Read more...] about Foreign investors cut holdings of Canadian securities in June
A What you have been told is correct: buy-to-let (BTL) properties are a lot less tax efficient than they used to be especially for higher rate taxpayers. Up until 6 April 2017, all landlords could reduce the taxable amount of rental income by deducting the cost of interest on mortgages and other loans. But since that date only landlords of furnished holiday lettings – for which HM Revenue & Customs has a technical definition – can carry on deducting the full cost of mortgage interest from their holiday letting income. BTL landlords like you get a tax credit of 20% of the value of interest payments made to set against their tax bills. … [Read more...] about Is it worth keeping my buy-to-let property, or should I sell?
NEW DELHI: The government may soon tell tax officials to stop pursuing minimum alternate tax demands against foreign portfolio investors (FPIs), seeking through this one measure to give investor sentiment a sharp boost and head off further legal wrangles over the levy.It will also bring swift closure to the biggest tax controversy concerning foreign investors after the Vodafone case.The Narendra Modi government had promised a stable and fair tax regime soon after taking over and is therefore keen on resolving the matter quickly as it looks to attract investment to revive growth.The likely move on MAT will follow the recommendation of a highlevel panel that overseas investors should get relief even prior to April 1, 2015, and not just after that date as mandated in this year's budget.The government could introduce a specific provision in next year's budget to back up any notice giving immediate relief.“A circular may be issued soon saying government had decided to accept the … [Read more...] about Foreign portfolio investors may get MAT relief, causing sharp boost in investment
Foreign traders continued their selling. On the HoSE, foreign investors net sold VND208 billion on Friday, up 61 per cent compared to the net selling value in the previous session. They have been net sellers for six consecutive sessions on HoSE with a total value of up to VND832 billion. … [Read more...] about Shares decline on foreign selling
Overseas stocks make up about 80% of Kim’s equity holdings, with 90% of that chunk allotted to China and the rest to U.S. equities. Kim plans to park all his equity investments overseas, and is particularly bullish on the Chinese economy and mainland companies with high growth potential. … [Read more...] about Stymied at home, Korea’s mom and pop investors charge into China tech stocks