Capital Gains Explained | FINRA.org
Money you make on an investment is considered a capital gain, and in most cases, you’ll need to pay a capital gains tax. If your investment loses money, you have a capital loss. Your capital gain or loss is the difference between the sale price and the cost basis, and the tax rate depends on how long you held the investment.
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Prime Minister Carney cancels proposed capital gains tax increase ...
IRS TAX TIP 2003-29 CAPITAL GAINS AND LOSSES Almost everything you own and use for personal purposes, pleasure or investment is a capital asset.