Sentences with phrase «at your marginal tax rate rather»

Not exact matches

Again, this is something I rarely see discussed when comparing different investments — bonds and other interest income is regular taxable income (taxed at your normal marginal tax rate) rather than at the much more advantageous long - term capital gains or dividend rate.

Since the minor child is the owner of custodial account funds, any income or gains generated in the account also belong to the child and were taxed at the child's marginal tax rate rather than the parent's (usually) higher rate.

Finally, in your later years, when you may need extra money for quality of life, will you really care that you are paying income tax at a high rate or just be happy that you saved it rather than spent it because your marginal tax rate was low at the time you earned it?

Under the Kiddy Tax, the unearned income of certain children that exceeds $ 2,000 (adjusted annually) is taxable at the parent's, rather than child's marginal tax raTax, the unearned income of certain children that exceeds $ 2,000 (adjusted annually) is taxable at the parent's, rather than child's marginal tax ratax rate.

Wouldn't you want to keep Non-Dividend Stocks in a Taxable account to take advantage of capital gains taxation rather than being taxed at the marginal rate when taken out of a RRSP?

Trustees whose LRBAs are structured on terms consistent with the safe harbour guidelines can be certain they will not be subject to the Non-Arm's Length Income (NALI) provisions, which result in relevant income being taxed at the highest marginal rate of 47 per cent rather than the lower rates that ordinarily apply to income of SMSFs.

These arrangements concern us because they are intended to shield dividend income at a low or zero rate of tax, rather than «top - up» tax being paid at the individual shareholder's marginal rate, and the fund being entitled to a refund of franking credits.

By doing so, your fund pays tax — on the assessable part of the lump sum — at the concessional fund tax rate of 15 %, rather than the member paying tax at their marginal rate.