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"Additionally, you may face state and local taxes, which could bring your total tax rate to as high as 54% — 37.6% in federal income tax, plus 3.8% in net investment income tax, plus 12.3% in ...
Profits from the sale of gold are taxed as “other income” in accordance with the Individual Income Tax Law. For private investors, a fixed tax rate of 20% applies, based on the difference between the selling and acquisition costs. By contrast, regular commercial trade is taxed at the general income tax rates of between 5% and 35%. [5]
Texas Precious Metals, based in Shiner, Texas, is one of the largest precious metals dealers in the United States. [3] [4] The company reported annual revenues of $180.1 million in 2013 [1] and $153.2 million in 2014. [2] The company is recognized as a market maker for United States Mint products and is an official distributor for the Perth ...
[24] The law was enacted to prohibit businesses from charging different prices for services based on a customer's gender. [25] [a] The Gender Tax Repeal Act provided for civil actions in which courts may award a minimum of $1,000 or up to three times the amount of actual damages in addition to attorney's fees. [26]
2017 tax reform. House Bill 1 (the Tax Cuts and Jobs Act of 2017) was released on November 2, 2017, by Chairman Kevin Brady of the House Ways and Means Committee. Its treatment of capital gains was comparable to current law, but it roughly doubled the standard deduction, while dropping personal exemptions in favor of a larger child tax credit.
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The Texas Bullion Depository is a bullion depository based in Texas in the United States. It was the first state-administered depository to be established in the United States; previous depositories were either at federal level or private companies. [1] Texas Comptroller Glenn Hegar announced it was open for business on June 6, 2018. [2]
A judge ruled Thursday that a Black student who was suspended for months over his locs hairstyle was legally punished by the school district. Darryl George, 18, had been told by his school ...