Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

WHAT TAX IS APPLICABLE TO CAPITAL GAINS ON DISPOSALS OF SECURITIES COMPLETED IN 2010 AND DECLARED IN 2011?

April 26, 2017applicable capital gains declared securities tax

0

Posted

WHAT TAX IS APPLICABLE TO CAPITAL GAINS ON DISPOSALS OF SECURITIES COMPLETED IN 2010 AND DECLARED IN 2011?

1 Answer

0

Posted

As from January 1, 2010, net capital gains on disposals of securities are subject: ■ to social security charges of 12.3% from the first euro of the selling price; ■to income tax at the flat rate of 18%, above the annual disposal threshold of €25,830.