For some the answer is obvious: redistribute the wealth of the top income earners who have enjoyed, for almost a generation, the lion's
share of all income gains.
Not only has economic growth been anemic, but what growth we've gotten has not been inclusive, which means the top earners continue to receive an outsized
share of the income gains as they have for the past 35 years.
Not exact matches
Net
gain from the termination
of the Aetna merger agreement
of approximately $ 947 million pretax, or $ 4.26 per diluted common
share; includes the break - up fee and transaction costs net
of the tax benefit associated with certain expenses which were previously non-deductible; GAAP measures affected in this release include consolidated pretax
income and EPS.
Market volatility is low, U.S. census data shows
income gains have reached the middle class, and workers are clawing back a larger
share of national
income.
Any
gain or loss recognized on such a premature disposition
of the ISO
shares in excess
of the amount treated as ordinary
income is treated as long - term or short - term capital
gain or loss, depending on how long the
shares were held by the participant prior to the sale.
Those considering current year charitable contributions who are also facing long - term capital
gains tax on the sale
of highly appreciated
shares after an initial public offering may realize a much more favorable
income tax result and charitable impact by making a timely donation
of a portion
of their IPO
shares (either during or after the lock - up period) directly to charity.
Although the
income from municipal bonds held by a fund is exempt from federal tax, you may owe taxes on any capital
gains realized through the fund's trading or through your own redemption
of shares.
If a participant disposes
of such
shares within one year after the date
of exercise and two years after the date
of grant (the «ISO Holding Period»)(such disposition, a «Disqualifying Disposition»), any
gain on such Disqualifying Disposition, up to the amount
of the spread on exercise, will be ordinary
income, with the balance being capital
gain.
If the participant sells or otherwise disposes the
shares before the end
of the one - year and two - year periods specified above, the maximum amount that will be included as alternative minimum tax
income is the
gain, if any, the participant recognizes on the disposition
of the
shares.
Upon a disposition
of such
shares by the optionee, any difference between the sale price and the optionee's exercise price, to the extent not recognized as taxable
income as provided above, is treated as long - term or short - term capital
gain or loss, depending on the holding period.
Any additional
gain or loss recognized on such premature sale
of the
shares in excess
of the amount treated as ordinary
income will be characterized as capital
gain or loss.
In the six - month period
of fiscal 2018, the company incurred
gains of $ 14 million in Other expenses / (
income)($ 10 million after tax, or $.03 per
share) associated with mark - to - market adjustments for defined benefit pension and postretirement plans.
For the year ended July 30, 2017, the company incurred
gains of $ 178 million in Other expenses / (
income)($ 116 million after tax, or $.38 per
share) associated with mark - to - market adjustments for defined benefit pension and postretirement plans.
[158] Other causes include the rise in non-cash benefits as a
share of worker compensation (which aren't counted in CPS
income data), immigrants entering the labor force, statistical distortions including the use
of different inflation adjusters by the BLS and CPS, productivity
gains being skewed toward less labor - intensive sectors,
income shifting from labor to capital, a skill gap - driven wage disparity, productivity being falsely inflated by hidden technology - driven depreciation increases and import price measurement problems, and / or a natural period
of adjustment following an
income surge during aberrational postwar circumstances.
Income from Capital
Gains:
Income from sales
of capital assets such as mutual funds,
shares, land, house property, etc..
We understand the proposed tax changes are an effort to ensure all Canadians are paying a suitably fair
share of tax on
income, and to eliminate circumstances where private corporations might be used to
gain unfair tax advantages.
If
shares are held for one year or less,
gains are taxed as ordinary
income; again, at a maximum rate
of 39.6 percent.
Most observers did not mention, however, that this oft - cited
income share statistic does NOT include capital
gains in the calculation
of incomes and
income shares.
$ 155 million to $ 160 million $ 690 million to $ 700 million Operating
income $ 175 million to $ 200 million $ 925 million to $ 985 million
Gains and other
income Approx $ 5 million Approx $ 10 million Net interest expense1 Approx $ 35 million Approx $ 150 million Equity in earnings (losses) Approx ($ 5) million Approx ($ 10) million Earnings per
share $ 0.24 to $ 0.28 $ 1.35 to $ 1.45 Tax rate 34.0 percent 1 Net
of interest
income
The charity or donor - advised fund account will generally be subject to unrelated business
income tax (UBIT) on its
gain from the sale
of the
shares and on its
share of any
income generated by the S - Corp during the charity's ownership.
Marriott International said it anticipates the receipt
of an IRS private - letter tax ruling in September, confirming that the distribution
of shares of Marriott Vacations Worldwide common stock will not result in the recognition, for U.S. federal
income tax purposes,
of income,
gain or loss by Marriott International or Marriott International shareholders, except, in the case
of Marriott International shareholders, for cash received in lieu
of fractional
shares.
Thus I view the recent corrections in the
share prices
of these companies as a great long - term buying opportunity, one that may make exceptional long - term capital
gains and
income generating potential possible.
One way to represent this juxtaposition is by noting that labor - compensation's
share of GDP fell to 53 % by 2016 from a recent high
of 58 % in 2001 while corporate earnings»
share of GDP rose to 11 % from 2001 levels
of 7 % — illustrating the vast outperformance
of financial assets versus the real
income gains of the populace.
Although the
income from a municipal bond fund is exempt from federal tax, you may owe taxes on any capital
gains realized through the fund's trading or through your own redemption
of shares.
If the holding periods are not satisfied, then: (1) if the sale price exceeds the exercise price, the optionee will recognize capital
gain equal to the excess, if any,
of the sale price over the fair market value
of the
shares on the date
of exercise and will recognize ordinary
income equal to the difference, if any, between the lesser
of the sale price or the fair market value
of the
shares on the exercise date and the exercise price; or (2) if the sale price is less than the exercise price, the optionee will recognize a capital loss equal to the difference between the exercise price and the sale price.
«We know that New York's highest -
income households have seen enormous
gains in recent years, and we also know these top earners still pay a proportionately smaller
share of state and local taxes.»
Impact
of QEF Election: A U.S. Holder who has made a QEF election includes its pro rata
share of the PFIC's ordinary earnings and net capital
gains in the Holder's
income for each taxable year.
It is usually best to hold any common
shares outside
of an RRSP (as dividend
income and capital
gains taxes are taxed lower than interest
income), and interest - paying investments in an RRSP.
Last year's budget included a proposal to provide an
income tax exemption on capital
gains of donated private corporation
shares or real estate, beginning in 2017.
Templeton Dragon Fund, Inc. (NYSE: TDF) today announced a total distribution
of $ 1.0727, comprised
of net investment
income of $ 0.4404 per
share, short - term capital
gains distribution
of $ 0.0555 per
share and long - term capital
gains distribution
of $ 0.5768 per
share, payable on September 28, 2012, to shareholders
of record on September 14, 2012 (Ex-Dividend Date: September 12, 2012).
footnote * Although the
income from a municipal bond fund is exempt from federal tax, you may owe taxes on any capital
gains realized through the fund's trading or through your own redemption
of shares.
The capital
shares get all or most
of the capital
gains and losses; the preferred
shares get most
of the dividend
income.
In addition, you'll report the sale
of the
shares on Schedule D. Normally you won't have any loss to report because the amount
of income you report is limited to the actual
gain on the sale when the sale occurs in the same year you exercised the option.
For purposes
of the regular
income tax you report
gain of $ 45 per
share ($ 80 minus $ 35).
In this scenario you report nothing when you receive the
shares, but report $ 200,000
of compensation
income (not capital
gain) when the
shares vest.
Usually, the capital
shares get all or most
of the capital
gains and losses, and the preferred
shares get most
of the dividend
income.
Long - term
gains realized from your sale
of fund
shares, as well as those distributed by your fund, are taxed at a reduced capital
gains tax rate while short - term
gains and ordinary
income dividends could be taxed at a higher tax rate.
Other
income - smoothing strategies, such as investing in flow - through
shares and the timing
of capital
gains, are more complicated, but they all rely on the same basic idea
of smoothing your
income and deductions to reduce the total amount
of tax you have to pay.
They issue a Schedule K - 1 to each partner (i.e., investor) to report their
share of income,
gains, losses, deductions, or
of any other taxable event.
How many
shares you've held and the duration for which you've held them determines the portion
of any
income,
gains or losses allocated to you through the K - 1.
If you own
shares in a Fund at the beginning
of a month and sell them during the month, you may still be responsible for and allocated a pro rata portion
of income,
gains, losses and deductions that were realized during the full month in which you sold your
shares.
If your child has any other
income, such as a capital
gain or loss from selling
shares of stock, the election is not available.
For a sale above the amount you paid for the
shares but no higher than the value
of the
shares as
of the date you exercised the option, report your
gain on the sale as compensation
income (not capital
gain).
If a sell a
share and make a capital
gain (outside
of a registered savings account), 50 %
of this capital
gain is taxable as
income.
An equity investment generally refers to the buying and holding
of shares of stock on a stock market by individuals and firms in anticipation
of income from dividends and capital
gains, as the value
of the stock rises.
Equity investments usually refers to buying and holding
of shares of stock on a stock market by individuals and / or firms in anticipation
of income from and dividends and capital
gains as well as stock increases.
an indicator
of how long a security position or lot was held; possible values are Long: held for more than 1 year; Non-Reportable: lot or position was closed as the result
of a transaction other than a sale; no reportable
gain / loss was reported, the holding period and resulting term are not reported; Short: held for 1 year or less; and Unknown: Fidelity does not know how long the position or lot was held; this state typically exists because the
shares were transferred to Fidelity from another institution and the holding period prior to the transfer was not communicated; for fixed -
income securities, this is the period
of time from the security's issue date until the maturity date; for example, for a 10 - year corporate bond the term is 10 years
Sir, I have
income from monthly pension, Intt.from fixed deposit, long term capital
gain from
shares, and commission / brokerage
income dealing in
share through other broker on behalf
of some client.
When a fund distributes capital
gains or
income, its
share price drops by the amount
of the distribution.
Short - term or long - term capital
gain distributions paid by these funds are not exempt from
income taxes however, and
shares of these funds, just as fund
shares in taxable accounts, may be subject to some states that impose an intangible tax.