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Home / News / Government Federal / Capital gains tax rate decreases to 18% this year (8008)

Capital gains tax rate decreases to 18% this year (8008)

Part of the Taxpayer Relief Act of 1997 provides for changes to the capital gains tax rate that took effect on January 1 of this year. The benefits of these changes are worthy of consideration as investors can save 10 to 20 percent on their capital gains taxes. Under the ...