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CCH can assist you with stories, including interviews with CCH subject experts.
Also, the 2009
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
Visit the CCH Whole Ball of Tax site often as new releases and other updates will be posted throughout the tax season.
CCH provides special CCH Tax Briefings on key topics at: CCHGroup.com/Legislation/Briefings.
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2009 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) -
2008
|
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, 2009
nb-09-26
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