From Tax Topic 409: (emphasis added)
The tax rate on most net capital gain is no higher than 15% for most taxpayers. Some or all net capital gain may be taxed at 0% if you're in the 10% or 12% ordinary income tax brackets. However, a 20% tax rate on net capital gain applies to the extent that a taxpayer's taxable income exceeds the thresholds set for the ...
Say I Sell my investment property house for 500k and bought it for
250k. Leaving me 250k profit.
So far so good.
I'd be taxed on 50% of that correct: 250/2 = 125k taxed. and 125k
No. 50% of your profit counts as taxable income. 50% of it is tax free. So $125K of the profit is taxable, but that doesn't mean you pay $125K tax.
So you add $...
Broadly, you're ok for some years of non residence.
The tax law in the UK says that there's no gains tax on any gain made when selling a property for the period that it was your main residence.
There are rules that apply when a house has been but is not your main residence - https://www.gov.uk/tax-sell-home/absence-from-home
You say that letting the ...
The main difference is the scope of the tax liability: resident
taxpayers are in essence subject to tax for their world-wide income,
whereas non-resident taxpayers are only subject to tax for certain
specific categories of income from Dutch source.
Written before Question edit.
If you have more than 5% of the shares in a company:
Taxable income under Box 2 category includes dividends and capital
gains from a substantial shareholding. (inkomsten uit aanmerkelijk
belang) (i.e. a shareholding of at least 5%) Income that falls into
the Box 2 category is taxed at a flat rate of 25%
You are on the right track: since you didn't file a Section 83(b) election, no taxable event has occured until the SAR vested. So let's assume that at the time of vesting, each share had a fair market value of $10. At that point you had ordinary compensation income of $10, reportable on your W-2. Also at the point, you had acquired a cost basis of $10 per ...
This question splits into a couple of parts, which I will answer one by one:
Where to keep the money:
This depends greatly on how long you think you will need to store the money.
If you are storing it for a short period (2-6 months) I would suggest just using a current account. You will not earn much interest but you are also unlikely to lose ...
The German capital gains tax is flat for all kinds of capital gains. Capital gains are just one kind of income that you might have, besides other kinds of income such as employment, trade, forestry, and so on. However, the flat capital gains tax replaces the progressive income tax. Capital gains tax is usually due when value gains are realized, e.g. by ...
AFAIK, the Kapitalertragsteuer doesn't distinguish different types of capital gains, so, yes, all the same.
That being said, there may be differences with ETFs (you may have to pay withholdings on the capital gains tax if the capital gains are automaticaly reinvested)
If your marginal tax rate is below those 26.357 %, you can ask the tax office in your ...
New York State income tax makes no distinction between capital gain income (long or short) and earned (wage) income.
As you've noted New York City has an additional income tax on top of the New York State income tax.
The State And Local Tax (SALT) deduction applies to the Federal itemized deduction, and starting for the 2018 tax year capped at $10,000 USD. ...