It's not 50% You pay your marginal rate on 50% of the gain Our rate is lower than USA currently
This. Details matter friends.
I’m confused. Top rate in U.S. is 37%
If u have 100k in gains Only 50k is taxable If your marginal rate is 20% You owe $10k in taxes in total on the 100k gain
On 100% of the gain. $100 gain = $37 of tax $100 gain * 50% = $50 taxable dollars * your income tax rate = amount of tax Thus, if your tax rate is 45% then $22.5 of tax
Not on capital gains. I believe you’re thinking income.