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And when I analyze the return on investment (ROI) of a potential venture, my calculations have to include the after-tax result of what I might gain.
FORBES: Tax on Dividend-Paying Stocks Rising to 74%
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The bank, whose European exposure has been a point of concern for shareholders over the past several years, fell 2.7% after the small country said it will tax bank deposits in order to gain bailout support from the Troika (the IMF, ECB and European Commission).
FORBES: Street Shrugs Off Cyprus, Stocks Narrow Losses
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Also of concern, in its report revising Q2 GDP growth down to just 1.6%, the Commerce Department reported that corporate earnings declined significantly in the second quarter, after-tax earnings rising just 0.1%, compared to the gain of 11.4% in the first quarter.
FORBES: We May Already Be In Recession
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After all, how can you pay tax before you know exactly how much your gain is?
FORBES: The Lauders did it. So did Craig McCaw and Ronald Perelman.
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It merely indicates that all capital gain recognized by an individual on a tax return with a year beginning after December 31, 2012 will be subject to the higher, 20% maximum.
FORBES: Business Owners Could Find Their Tax Deferral Backfiring