capital gains
Coverage of capital gains in the Nexus archive.
- Some high-earning investors will soon owe taxes on years of deferred capital gains
A key incentive for Opportunity Zone investors, allowing deferral of taxes on reinvested capital gains, will expire on Dec. 31. Investors will soon owe taxes on years of deferred gains.
- UK government defers capital gains on certain crypto with ‘no gain, no loss’ approach
The UK government has deferred capital gains on certain cryptocurrency transactions using a 'no gain, no loss' approach. This tax policy change affects approximately 700,000 people and applies to the disposal of crypto in lending and liquidity pools.
- Does it make sense to sell everything and buy back immediately to simplify cost basis since they are no wash sales with cryptocurrencies.
The user is considering selling all cryptocurrency holdings to reset cost basis tracking, aiming to simplify and adopt a hodl strategy. They previously used Koinly for tracking and want to offset past losses with future gains.
- Republican reconciliation bill should index capital gains to inflation
House Republicans are urged to pass a budget package that indexes capital gains to inflation, aiming to benefit small businesses and ordinary Americans by preserving assets and stimulating economic growth.