This will impact your investing strategy…
April 27 (King World News) – Peter Boockvar: To the debate and ultimate fate of where the capital gains tax goes in the US, here are the individual rates overseas, according to PWC, which need to be compared to not just the US federal rate but also what the individual states charge…
To hear Sean Boyd discuss $3,000 gold and the big game-changer
for the gold market CLICK HERE OR ON THE IMAGE BELOW.
Denmark would be the only country that would have a higher rate than the US if the capital gains rate goes to 43.8% and then after adding in the state rate.
Algeria: 15%
Argentina: 15%
Australia: half of long term gain is excluded from the tax the other half is at individual income rate.
Austria: 27.5%
Brazil: 22.5%
Bulgaria: 10%
Canada: half of long term gain is excluded from the tax, the other half is at individual income rate.
China: 20%
Columbia: for assets held 2 yrs+, zero. Under 2 yrs at individual income rate.
Democratic Republic of Congo: zero
Cyprus: 20%
Denmark: Individual income rate, up to 52%.
Finland: 30-34%
France: 30-34%
Germany: 25%
Greece: 15%
Hong Kong: zero
Hungary: 15%
Iceland: 22%
Ireland: 33%
Israel: 25%
Japan: 20%
Lebanon: 15%
Maylaysia: zero
Mexico: Individual income rate which goes up to 35%.
New Zealand: zero
Nigeria: 10%
Norway: Individual income rate which goes up to 46%.
Peru: 5%
Russia: 13-15%
Singapore: zero
South Africa: 18%
Sweden: 30%
Taiwan: individual income rate, up to 40%
Turkey: individual income rate, up to 35%
Ukraine: individual income rate, up to 18%
UK: 10-20%
***To hear Gerald Celente discuss what shocks to expect in 2021 CLICK HERE OR ON THE IMAGE BELOW.
***To hear Alasdair Macleod discuss why gold and silver prices are set to soar in 2021 CLICK HERE OR ON THE IMAGE BELOW.
© 2021 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. However, linking directly to the articles is permitted and encouraged.
