Sentences with phrase «maximum federal income tax rate»

You'll see this or similar language in the prospectus of many metals ETFs: Under current law, gains recognized by individuals from the sale of «collectibles,» including physical platinum, held for more than one year are taxed at a maximum federal income tax rate of 28 %, rather than the 15 % rate applicable to most other long - term capital gains.

Issuing Company: ETF Securities Ltd Ticker: PPLT Expense Ratio: 0.60 % Tax Treatment: From the prospectus, «Under current law, gains recognized by individuals from the sale of «collectibles,» including physical platinum, held for more than one year are taxed at a maximum federal income tax rate of 28 %, rather than the 15 % rate applicable to most other long - term capital gains.»

Not exact matches

Taxable Equivalent Yield: The Taxable Equivalent Yield assumes the maximum regular federal income tax rate and the Medicare tax in effect on January 2018.

Current federal individual income tax rates tax most net long - term capital gains at a maximum rate of 20 %.

Dividends are generally tax - advantaged in the U.S., with individuals currently subject to a maximum federal tax rate of 15 % on qualified dividends; and corporate taxpayers are generally entitled to a 70 % exemption from income tax on dividends from domestic companies.

The maximum federal tax rate on ordinary income is 39.6 %, compared to only 20 % on long - term realized capital gains (explained below).

It not only reduced maximum tax rates and the number of federal income tax brackets but also eliminated many loopholes that existed in the tax code.

The maximum marginal federal ordinary income tax rate of 39.6 % is significantly higher.

[1] Assumes a federal long - term capital gain tax rate of 20.0 %, the maximum rate on ordinary income of 39.6 %, the Medicare surtax on investment income of 3.8 %, and no state or local taxes.