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BING NEWS:
- Hima Cement sale shines light on Uganda tax regime
The total acquisition cost of Hima Cement stood at $120 million, according to a corporate notice previously issued by Bamburi Cement.
05/5/2024 - 2:12 am | View Link - UBA’s dazzles investors with N156 billion pre-tax profit in Q1 2024
UBA released its unaudited financial results for Q1 2024 showing pre-tax profit grew by 154.74% year-on-year to 156.344 billion. This ...
05/4/2024 - 9:27 am | View Link - Zenith Bank reports a pre-tax profit of N320.194 billion in Q1 2024
Zenith Bank Plc, one of Nigeria's leading banks, released its unaudited financial results for Q1 2024, revealing a pre-tax profit ...
05/4/2024 - 2:58 am | View Link - Do I have to pay capital gains tax if I sell bitcoin but don't take cash out?
James Carn of Evelyn Partners says: Crypto assets such as bitcoin are chargeable assets for capital gains tax purposes and so a capital gain or loss is realised for tax purposes whenever the asset is ...
05/3/2024 - 10:15 am | View Link - Treasury Mulling Global Minimum Tax, US Loss Rules Interaction
Treasury and IRS officials are still debating whether companies would be able to deduct certain losses in the US when they take those losses into account to calculate their global minimum tax ...
05/3/2024 - 3:52 am | View Link - More
- Capital Gains Tax Calculator 2022-2023 – Forbes Advisor
Capital gains and losses are taxed differently from income like wages, interest, rents, or royalties, which are taxed at your federal income tax rate (up to 37% for the 2022 tax filing...
05/4/2024 - 3:02 am | View Website - Capital Loss Carryover: Definition, Rules, and Example
Updated March 24, 2024. Reviewed by Margaret James. Fact checked by. Ariel Courage. Investopedia / Dennis Madamba. What Is a Capital Loss Carryover? Capital loss carryover is the net...
05/4/2024 - 12:03 am | View Website - Capital Gains and Losses
They are typically taxed at either 0%, 15%, or 20% for 2023 and 2024, depending on your tax bracket. A capital loss is a loss on the sale of a capital asset such as a stock, bond, mutual fund or real estate and can typically be used to offset other capital gains or other income. What is a capital gain?
05/3/2024 - 10:08 pm | View Website - Topic no. 409, Capital gains and losses | Internal Revenue Service
You have a capital gain if you sell the asset for more than your adjusted basis. You have a capital loss if you sell the asset for less than your adjusted basis. Losses from the sale of personal-use property, such as your home or car, aren't tax deductible.
05/3/2024 - 9:11 pm | View Website - Tax Loss Carryforwards: How They Work, Types, and Examples
Capital loss carryforwards can apply to either businesses or individuals, although the rules work differently. How Tax Loss Carryforwards Work. There are two main types of tax loss...
05/3/2024 - 9:04 pm | View Website - More
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