Paying capital gains tax on house sale

Please refer to "Income Determination - Capital Gains" for more details. Long-term capital gain: 10 (on sale of equity shares/units of equity oriented funds/units of business trust in excess of INR 100,000 and security transaction tax is paid). For others, 10 for non-residents (without cost inflation adjustment) 20 for residents/non-residents (with cost inflation adjustment).

Short-term capital gain: 15 (if securities transaction tax paid on sale of equity shares/units of equity oriented funds/units of business trust). For others, normal slab rate applies.

Above rates are to be enhanced by surcharge and health and education cess; and benefit of tax treaty for non-residents. Capital gains are subject to the normal CIT rate, except for certain tax objects subject to final income tax (see the Withholding taxes section). Capital gains are subject to the normal PIT rate, except for certain tax objects subject to final income tax (see the Individual tax summary). Capital gains are subject to the normal CIT rate. Capital gains are subject to the normal PIT rate. 33 33 NA NA Capital gains are subject to the normal CIT rate. 25 Capital gains are subject to the normal CIT rate. For financial investments, the PEX regime at 95% exemption may be applied, provided that the conditions set by the law are met. Capital gains are subject to separate taxation at 26% (normal PIT rate applies in certain instances). Capital gains are subject to the normal CIT rate. NA No capital gain tax regime. Transfer tax at 2% on transfers of Jamaican real estate and securities. No capital gain tax regime. Transfer tax at 2% on transfers of Jamaican real estate and securities. Capital gains are subject to the normal CIT rate. Gains arising from sale of stock are taxed at a total rate of 20.315% (15.315% for national tax purposes and 5% local tax).
Gains arising from sale real property are taxed at a total rate of up to 39.63% (30.63% for national tax purposes and 9% local tax) depending on various factors. NA NA 20 30 Capital gains are subject to the normal CIT rate. Capital gains are subject to the 10% PIT rate. 5 (15% as of 1 January 2023) 5 (15% as of 1 January 2023) Capital gains are subject to the normal CIT rate. 45 Capital gains are subject to the normal CIT rate. Capital gains are subject to the normal PIT rate (10%). Capital gains are subject to the normal CIT rate. NA Capital gains are subject to the normal profit tax rate (10%). Capital gains are subject to the normal PIT rate (10%). NA NA Capital gains are subject to the normal CIT rate. 20 15 15 Capital gains are subject to the normal CIT rate. Capital gains are subject to the normal PIT rate. Capital gains derived from the sale of shares are tax-exempt. Capital gains from the sale of real estate are subject to a separately assessed real estate profit tax of up to 24%. Capital gains derived from the sale of shares are tax-exempt. Capital gains from the sale of real estate are subject to a separately assessed real estate profit tax of up to 24%. Capital gains are subject to the normal CIT rate. 20 Capital gains are subject to the normal CIT rate. Capital gains are subject to the normal PIT rate. Capital gains are subject to the normal complementary tax rate. NA 20 20 Capital gains are subject to the normal corporate rate. Capital gains are subject to the normal PIT rate. Generally, gains on capital assets are not subject to tax, except for gains arising from the disposal of real property situated in Malaysia, which is subject to RPGT (up to 30%). Generally, gains on capital assets are not subject to tax, except for gains arising from the disposal of real property situated in Malaysia, which is subject to RPGT (up to 30%). Capital gains are subject to the normal income tax rate. Capital gains are subject to the normal income tax rate. See Malta's corporate tax summary for tax rates on capital gains. See Malta's individual tax summary for tax rates on capital gains. Capital gains are subject to the normal CIT rate. Capital gains are subject to the normal PIT rate. NA NA 30% for a Mexican resident, accrued as regular taxable income.
25% on the gross proceeds, or 35% on the net gain, for non-residents. See the Mexico individual tax summary for capital gain rates. Capital gains are subject to the standard CIT rate. Capital gains are subject to the normal PIT rate (taxable gain basis represent 50% from the capital gain). See Mongolia's corporate tax summary for capital gain rates. See Mongolia's individual tax summary for capital gain rates. Capital gains are subject to the normal CIT rate. 15 Capital gains are subject to the normal CIT rate. 20 Capital gains are subject to the normal CIT rate. Capital gains are subject to the normal PIT rate. 10% for non-oil and gas sector;
40% to 50% for oil and gas sector 10 NA NA Capital gains are subject to the normal CIT rate (25.8%). Capital gains on qualifying participations are tax exempt under the participation exemption. NA New Zealand does not have a comprehensive capital gains tax. However, capital gains derived by a company will generally be taxed as dividends on distribution to shareholders, subject to certain exceptions. New Zealand does not have a comprehensive capital gains tax. 15 15 10 10 Capital gains are part of the regular profit for the year, thus subject to the normal CIT rate. Capital gains are subject to the flat PIT rate at 10%. See the Income determination section. Capital gains are subject to the ordinary CIT rate. Capital gains are subject to the normal PIT rate. Gains on sales of securities listed on the Muscat Securities Market are exempt from taxation. Gains on transfers of other assets are taxable as ordinary income. NA See Pakistan's corporate tax summary for capital gain rates. See Pakistan's individual tax summary for capital gain rates. Income tax is imposed on capital gains. Income tax is imposed on capital gains. See Panama's corporate tax summary for capital gain rates. See Panama's individual tax summary for capital gain rates. PNG does not currently tax capital gains. PNG does not currently tax capital gains. Capital gains are subject to the normal CIT rate. Capital gains are subject to the normal PIT rate. Capital gains are subject to the normal CIT rate. 5 See the Philippines corporate tax summary for capital gain rates. See the Philippines individual tax summary for capital gain rates. Capital gains are subject to the normal CIT rate. Transfer of real property: Subject to the normal PIT rate.
Transfer of shares: 19. See Portugal's corporate tax summary for capital gain rates. See Portugal's individual tax summary for capital gain rates. 20 See Puerto Rico's individual tax summary for capital gain rates. Same as CIT rate. NA Capital gains are subject to the normal CIT rate. Capital gains are subject to the normal PIT rate. See Rwanda's corporate tax summary for capital gain rates. Capital gains are subject to the normal PIT rate. NA NA Capital gains are subject to the normal income tax rate applicable to the taxpayer. Non-resident capital gains tax rate is 20%. NA Capital gains are subject to the normal CIT rate. Capital gains are subject to the normal PIT rate. 15 15 NA NA Capital gains are subject to the normal CIT rate. 19 Capital gains are subject to the normal CIT rate (19%). 25 21.6 18 Capital gains are subject to the normal CIT rate. Residents: 26;
Non-residents: Capital gains generated as a result of a transfer of assets are taxed at 19%. 10 10 See Sweden's corporate tax summary for capital gain rates. 30 Overall an effective tax rate between 11.9% and 21.0% depending on the company's location of corporate residence in Switzerland applies. Exceptions to be considered relate to the participation relief and capital gains on real estate. Movable assets: Exempt.
Non-movable assets: Exempt for federal tax, and cantonal tax rate varies per canton. Capital gains are subject to the normal CIT rate, except for marketable securities and real properties. Capital gains are subject to the normal PIT rate, except for securities and real properties. Resident: Capital gains are subject to the normal CIT rate (18% or 13% for entities producing goods or 20% for the activities of financial institutions and mobile companies);
Non-resident: Capital gains are treated as other income subject to 15% rate. Resident: 15 (exempt for certain property if established requirements are met);
Non-resident: 15 Capital gains are subject to the normal CIT rate. Residents: 10;
Non-residents: 30;
Sale of mineral or petroleum rights: 30 Capital gains are subject to the normal CIT rate. Capital gains are subject to the normal PIT rate. Capital gains are subject to the normal CIT rate. Capital gains are subject to the normal PIT rate. NA NA Capital gains are subject to the normal CIT rate. See Tunisia's individual tax summary for capital gain rates. Capital gains are subject to the normal CIT rate. See Turkey's individual tax summary for capital gain rates. Capital gains are subject to the normal CIT rate. Capital gains are subject to the normal PIT rate. Capital gains are subject to the normal CIT rate. 40 Capital gains are subject to the standard CIT rate of 18%. Taxable as ordinary income. NA NA Capital gains are subject to the normal corporation tax rate. See the United Kingdom's individual tax summary for capital gain rates. 21 20 Capital gains are subject to CIT, taxed at 25% (there is no corporate capital gains tax in Uruguay). There is no individual capital gains tax in Uruguay. Capital gains are subject to IRPF or IRNR, taxed at 12% (with some exceptions). Residents: Capital gains are subject to the normal CIT rate;
Non-residents: 20 Residents: Capital gains are subject to the normal PIT rate;
Non-residents: 20 Capital gains are subject to the normal CIT rate. Capital gains are subject to the normal PIT rate. See Vietnam's Corporate tax summary for capital gains tax. See Vietnam's Individual tax summary for capital gains tax. NA NA 20 20