Do I have to pay capital gains taxes on international investments if I live in the US?
americans subject capital gains taxes on gains, no matter gain occurs.
so, yes -- have pay.
15% long term capital gains tax current rate.
may credit taxes paid other country; example, canada taxes gains foreigners make in canada @ 15%, the net effect american pays higher of or canadian rate.
i planning on making investments outside country (stock market investments). can access profits while living in or have pay capital gains taxes on it? if so, how have pay $10,000 in profits?
Business & Finance Taxes United States Next
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