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CCH can assist you with stories, including interviews with CCH subject experts.
Also, the 2007
CCH Whole Ball of Tax is available in print. Please
contact:
Leslie Bonacum
(847) 267-7153
mediahelp@cch.com
Neil Allen
(847) 267-2179
neil.allen@wolterskluwer.com
Link to special CCH Tax Briefings on key topics from 2006:
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2007 CCH Whole Ball of Tax
A Historical Look At Capital Gains Rates
|
Individuals |
Corporations |
|
Maximum capital gains rates |
Maximum capital gains rates |
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 - 1997 (May 6) |
28.0% |
35.0% |
1997 (after May 6) -
2003 (May 5) |
20.0% |
35.0% |
2003 (after May 5) -
2006
|
15% |
35% |
*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, 2007
nb-07-14
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