After inheriting land in 2003 and partitioning it in 2010, the sisters must determine the indexed cost for capital gains tax.

The Missouri House gave initial approval this week to a plan to eliminate the state’s capital gains tax. Capital gains are ...

When is capital gains tax payable on the sale of property? And at what rate are capital gains taxed? We answer these questions and more.

Under the new tax regime, as per Section 115BAC, taxpayers are required to forego many of the deductions available under the ...

Owning real estate property overseas can be a great investment. U.S. cross-border tax planning and fully understanding U.S.

A home seller may not owe any capital gains taxes on sale of a principal residence if ... as well as the your history of owning and occupying the property. If you're preparing to conduct a major ...

Democrats worry about impact on state services while Republicans promote the tax exemption as a boost to Missouri's economic ...

You must include any surplus of those amounts in your taxable capital gains for ... The sale price is whatever amount you received for selling the property, and the tax basis is the amount of ...

The two discrete periods seem to be left over from the 2024 federal budget announcement that proposed an increase to the capital gains inclusion rate for gains realized on or after June 25, 2024, of ...

JEFFERSON CITY — The Missouri House gave initial approval Tuesday to a plan to erase the state’s capital gains tax, potentially blowing a $334 million hole in the state budget. Under the ...

The Israel Tax Authority (ITA) recently published an addendum to the 1987 circular  with the goal of minimizing disputes with sellers of ...