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Avoiding Capital Gains Tax
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Fitch Rates Laredo, Texas' $78MM Ctfs of Oblig. 'A+'; Outlook Positive (Centre Daily Times)
Fitch Ratings assigns its 'A+' rating to Laredo, TX's $30.7 million combination tax and revenue certificates of obligation, series 2008A, and $47.3 million combination tax and waterworks and sewer system revenue certificates of obligation, series 2008B, scheduled to sell the week of May 19 via negotiation. Additionally, Fitch affirms the 'A+' rating on the city's outstanding debt comprising ... Some ETFs to help you catch the bull (The Globe and Mail)
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Owners of condemned rental real estate can defer capital gains if they purchase another rental, says CPA George Saenz. Channel Island tax haven for sale at £15m (Times Online)
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ISLAMABAD (May 13 2008): Hinting at imposition of capital gains tax (CGT) on capital market transactions, increase in capital value tax (CVT) on real estate, and increase in income tax for higher income groups Finance Minister Ishaq Dar has warned currency speculators to stop playing with the exchange rates, otherwise the government would be forced to take strict action against speculators. Frances Fox Piven's "Challenging Authority" (Baltimore Chronicle & Sentinel)
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A homeowner currently confined to an assisted living facility might not have to worry about residency requirements to claim capital gains exclusion, says CPA George Saenz.
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