财务管理基础 inancial management 清华大学出版社第13版ppt2.pptVIP

Corporate Capital Gains / Losses Capital losses are deductible only against capital gains. Currently, capital gains are taxed at ordinary income tax rates for corporations, or a maximum 35%. Personal Income Taxes The US has a progressive tax structure with four tax brackets of 10%, 15%, 25%, 28%, 33%, and 35%. The current maximum cash dividend (most) and capital gains tax rates is 15%. Personal income taxes are determined by taxable income, filing status, and various credits. Result is that low income individuals pay no federal tax and others may fluctuate between the marginal rates. Financial