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There is a simple solution that will strengthen the government's hand in collecting capital gains taxes on stocks and mutual funds: merely require that brokerage firms calculate capital gains and report them on a Form 1099.
Increasingly, the world belongs to those collecting capital gains.
Similar(56)
It lowers taxes for people who sit around the pool and collect capital gains, while shifting the burden to people who wake up early, work hard and hope to get rich.
A proposal by the Indian government last week to change its tax code retroactively to 1962 in order to collect capital gains taxes on offshore acquisitions involving Indian assets has sent shudders through corporate executives, investors and lawyers.
The Indian government said in this year's budget that it plans to retroactively collect capital gains taxes on offshore acquisitions involving Indian assets, after India's Supreme Court ruled that Vodafone was not liable for capital gains taxes related to an $11 billion acquisition in 2007.
The analysis shows that the project of coal-resource integration in developing countries or regions can effectively improve mining technologies, collect capital and impel international cooperation and exchange.
As the primary type of crowdfunding, equity crowdfunding is to collect capitals from supporters to fund a project initiated by a sponsor by providing equity (Ordanini et al. 2011; Prive 2012).
Collect capital.
Officials at the Economic Planning Agency maintain that politics played no role in their decision to omit the data they had collected on capital investment by financial institutions.
If the commission prevents Northern from repaying its loans by passing the cost on to consumers, and Northern defaults, the banks could try to collect their capital.
How much it will get squeezed will depend on the economic growth rate, how much the Treasury collects in capital gain taxes and other cyclical funds and how much Congress spends.
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CEO of Professional Science Editing for Scientists @ prosciediting.com