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Link to special CCH Tax Briefings on key topics from 2003:

Year-End Tax Legislation Update (Dec. 10)
Corporate Income Tax and 'Bonus' Depreciation
(Dec. 4)
Military Family Tax Relief Act (Nov. 11)
Jobs and Growth Tax Relief Reconciliation Act of 2003 (May 28)

CCH can assist you with stories, including interviews with CCH subject experts. Also, the CCH Whole Ball of Tax 2004 is available in print. Please contact:

Leslie Bonacum
(847) 267-7153
mediahelp@cch.com

Neil Allen
(847) 267-2179
allenn@cch.com

CCH Whole Ball of Tax 2004

Release (21) | Back to WBOT

CCH Whole Ball of Tax 2004

Contact: Leslie Bonacum, 847-267-7153, mediahelp@cch.com
Neil Allen, 847-267-2179, allenn@cch.com

A Historical Look at Capital Gains Rates

	Individuals Maximum capital gains rate	Corporations Maximum capital gains rate
1913 -1921	same as regular rate	same as regular rate
1922 -1933	12.5%	12.5%
1934 -1935	17.7%*	13.75%
1936 -1937	22.5%*	15.0%
1938 -1941	15.0%	same as regular rate
1942 -1951	25.0%	25.0%
1952 -1953	26.0%	26.0%
1954	25.0%	26.0%
1955 -1967	25.0%	25.0%
1968	26.9%	25.0%
1969	27.5%	25.0%
1970	30.2%	25.0%
1971	32.5%	25.0%
1972 -1974	35.0%	25.0%
1975 -1977	35.0%	30.0%
1978	33.8%	30.0%
1979	35.0%	30.0%
1980 -1981	28.0%	28.0%
1981 (June 20)	23.7%	28.0%
1982 -1986	20.0%	28.0%
1987-1992	28.0%	34.0%
1993 to 1997 (May 6)	28.0%	35.0%
1997 (after May 6) - 2003 (May 5)	20.0%	35.0%
2003 (after May 5)	15.0%	35.0%

*Assumes 10-year holding period, 30% of gain recognized (sliding scale for exclusion based on holding period).

Please note: Tax law is complex. While an accurate representation of capital gains rate history, this chart may not reflect various factors (such as excess profit taxes, phase-ins, rates on special categories of gain and AMT) that could have affected capital gains taxes throughout the years.

Source: CCH INCORPORATED, 2004
nb-04-05