The Capital Gains Blog

Archive for April, 2006

Viterra Highlights Year-End Results

CALGARY, ALBERTA–(Marketwire – 01/21/10) – In fiscal 2009, Viterra’s (TSX: VT – News ) (ASX: VTA – News ) consolidated sales and other operating revenues reached $6.6 billion compared to $6.8 billion in 2008. The Company shipped 17.0 million tonnes of grains and oilseeds, an all-time record for its North American operations. Declining commodity pricing had the greatest impact on results for …

George BUSH SHOE ATTACK ! HD [HIGH QUALITY] !

Question: Capital Gains Tax Questions?

I own some property here in Arkansas that I owe around 41k on. I plan on selling it for at least 80k-110k. My question is what should I look for on the capital gains end of the deal. How much am I looking at paying? I’ve own the property for over 2 years.

Thanks!
Sorry guys I forgot about the purchase price. It was 57k. I take it that I will get w/ 15% and then state tax correct?

Answer: question isn’t how much do you owe on it, but how much did you buy it for. Your capital gains would be the difference between what you sell it for and what you paid for it. Since you’ve owned the property for at least 1 year it will be taxed as long-term capital gains, which the maximum rate is 15%.

Buzz on Business: Suddenlink expects 20 Mbps service by March

Suddenlink Communications has added high-definition TV channels and plans to have 20-megabit high-speed Internet service available by March.

John McCain & Mike Huckabee Republican ticket

Question: whether stt will be included in cost of acquisition ,while calculating capital gain income?

Answer: 1. STT is payable on the transaction amount.
2. This tax is deducted by bank or broker after the transcation.
3. Since STT is not between the parties to the transaction hence it does not form part of cost of acquisition for calculation capital gain

Sumitomo Mitsui Rises as More Capital Trumps Dilution (Update3)

Jan. 21 (Bloomberg) — Sumitomo Mitsui Financial Group Inc. , Japan’s second-largest bank by market value, rose in Tokyo trading as investors bet stronger capital from its sale of common stock will outweigh the negative impact of share dilution.

Question: Would OBAMA’s plan to repeal tax cuts and increase capital gains/dividend taxes result in more revenue for gov

Answer: No…it will decrease tax revenue..because there would be less money to make more money..just because you raise taxes doesn’t mean more taxes are taken in.
This will effect me and I will end up not investing as much in the open market and may look into more tax free items.

(AFX UK Focus) 2010-01-21 22:52 UPDATE 1-U.S. IRS directs agents to focus on equity swaps

By Kim Dixon

Public Affairs w/Jeff Berkowitz, Abboud (D-Barrington Hills)

Question: Do commingled pool funds pay dividends or capital gains?

I have a 401k, and most of the investments within it are commingled pools of money managed by Barclays Global Investors. For example, we have an option to invest in a S&P 500 index ‘fund’ – but in the details of the fund it says nothing about dividends or capital gains. I have owned that particular fund for a year now and my statements do not show any dividends or capital gains. Does anyone understand how dividends/capital gains work in a ‘commingled pool’ index fund? Does my ‘fund’ (referring to the S&P 500 index commingled pool) pay them, but just put the money back into the fund by adding that value to the NAV? Or do we actually not get any dividends or capital gains? Other index funds pay them and declare them – but those are mutual funds and this fund is a ‘commingled pool’ of investments. It has no ticker symbol and no fund ID – but says it is managed by Barclays Global Investors. This 401k is through a very big fortune 500 firm, so I think it is legit.

Answer: Almost 100% of the time, any dividends on funds in a 401K are directly reinvested into the fund. The way dividends are distributed is based on the total dividends received by the fund managers from all the components of the fund, and then equally distributed to investors in a per share amount. Since this is a 401K, you may never this this as anything other than the number of shares you own in the fund going up. As far as capital gains goes, you probably won’t see any since index funds very rarely sell any of their shares. You also wouldn’t see any capital gains being reported to you if there are any because the only reason you would need to know is for tax purposes and a 401K allows for tax free growth until you start pulling the money out.

So, I wouldn’t be worried about not getting any notice of dividends/capital gains.

Hedge Funds Hold Investors ‘Hostage’ After Decade’s Best Year

Hedge funds’ best year in a decade is giving little comfort to Jason D. Papastavrou.

October 28, 2008 Tim Alerts Winner ($HSNI) Timothy Sykes Shortstocking and Short Squeezes