Short Term Capital Gains Tax 2024 Chart. The minimum income tax on the wealthiest taxpayers, introduced by harris would impose a floor levy of 25% on the total of regular income plus capital gains on all taxpayers. Remember, this isn't for the tax return you file in 2023, but rather, any gains you incur from january 1, 2023 to.

The finance (no.2) bill, 2024, has introduced significant changes to the taxation of capital gains, aimed at simplifying and rationalising the system. The minimum income tax on the wealthiest taxpayers, introduced by harris would impose a floor levy of 25% on the total of regular income plus capital gains on all taxpayers.