We break down capital gains taxes on gold and silver, including the 28% collectibles rate, NIIT rules and how different ...
A capital gains tax applies on the sale of an asset. Long-term gains are usually taxed at 0%, 15%, or 20%, depending on your income, while short-term gains are taxed at your regular income tax rate.
Most investors selling property, shares and other assets will pay more tax once the new model to index the cost base of an asset to inflation is bedded down.