Sentences with phrase «normal income whereas»

The capital gains on the short term investment will be taxed as normal income whereas the long term (greater than one year) gains will be taxed at a lower rate.

Not exact matches

So you are saying that LS20 is bad to hold outside a tax wrapper, because the entire dividend is taxed at normal income tax rates (20/40/45), whereas buying a 4:1 mix of a pure bond fund and pure equity fund should save some tax, because the div from the equity fund is taxed at dividend tax rates (7.5 / 32.5 / 37.5) and it benefits from a # 5k allowance (reducing to # 2k, next year)?