The requirements for full tax deferral are
different than the capital gain tax and basis computations.
Not exact matches
They spend more time doing shuttle diplomacy to
different capitals than they do doing shuttle diplomacy to
different state
capitals to get people and the business sector engaged in what can be
gained from an international agreement.»
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.
Like dividends,
capital gains come in 2
different species, one taxed at a much higher rate
than the other.
Your basis in the home, which reduces the
capital gains of its future sale, may be much
different than you think.
In the US, long - term
capital gains are taxed at
different (lower) rates
than ordinary income, and I believe that long - term
capital gains from mutual funds are not taxed at all in India.
Little late to this thread, but I believe stating that keeping
capital gains outside of RRSP is correct, but for
different reasons
than stated here.