Reported about 18 hours ago
Capital gains tax rates vary significantly around the world, with the U.S. having a top rate of 20% for long-term investments. This rate is lower than Norway's high of 42% but aligns with many countries like China and India. While some nations have no capital gains tax, others apply rates comparable to normal income taxes. When investing internationally, U.S. investors must navigate both domestic and foreign tax implications, making it crucial to consult a financial advisor to optimize tax strategies and comply with multiple tax laws.
Source: YAHOO