Closed devinpearson closed 2 years ago
https://www.developersfinance.guide/docs/tax/income-tax-and-capital-gains-tax
income tax and capital gains shouldn't be capitalised if im not mistaken.
Capital gains does enter the income tax calculation, in that a specific percentage of Capital gains are included in your taxable income when calculating Income tax.
Fixed - thanks @devinpearson :)
https://www.developersfinance.guide/docs/tax/income-tax-and-capital-gains-tax
income tax and capital gains shouldn't be capitalised if im not mistaken.
Capital gains does enter the income tax calculation, in that a specific percentage of Capital gains are included in your taxable income when calculating Income tax.