Difference between revisions of "Annual Taxes - Humor In The Drudgery"

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Revision as of 11:46, 20 July 2025


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Canadian investors are be subject to tax on 50% of capital gains received from investment and allowed to deduct 50% of capital losses. In U.S. the tax rate on eligible dividends and long term capital gains is 0% for those invoved with the 10% and 15% income tax brackets in 2008, 2009, and last year. Other will pay will be taxed at the taxpayer's ordinary income tax rate. It is generally 20%.

But there may something telling in probable of case law within this subject. Practical question of why someone leaves a tip, and this really represents payment for services rendered, might be one how the IRS would rather not to check on too soundly. The Treasury might might lose a whole lot more than only one big method.