Exemptions under Section 54 (residential property) and Section 54EC (bonds) still exist but are capped. These limits reduce ...

Learn how capital gains tax works when you sell your home, who qualifies for the $250,000/$500,000 exclusion, and tips to ...

Outdated tax rules hit homeowners hard: soaring prices mean many now face big capital gains taxes. A new bipartisan bill aims ...

You will usually have to pay capital gains tax if you make a profit when selling buy-to-let properties, business premises, ...

In the tax year that you sell your home, you’re required to report the sale to the CRA and designate the property on a Schedule 3, Capital Gaines (or Losses) tax form, even if the home you’re ...

Selling a property for profit typically results in paying capital gains tax. But there are ways to defer or avoid capital gains tax altogether. If you own property, look into 1031 exchanges and ...

Are you liable to pay capital gains tax in Spain if you sell your home abroad? Find out more before making a decision which ...

But the tax-free allowance on capital gains has reduced in recent years from £12,300 to £6,000 in April 2023, and slashed ...

Long-term capital gain tax liability expected to decrease with Cost Inflation Index increase, impacting tax rates for capital ...

October 27, 2015: The NRI computed his income tax liability as Rs 1.9 lakh (1,91,780) and deposited the same as advance tax. He then repatriated the balance amount of property sale proceeds to the USA ...

One of the best-kept secrets to dodging capital gains tax is to live, then let live. In other words, you can live in your property, then let someone else live in the same property, but still claim it ...

The U.S. housing market is showing troubling signs of weakness—inventory is near historic lows, baby boomers are staying put, ...