#capital-gains

#capital-gains

In summary, AC Milan 24/25 has confirmed a generally positive trend, with some historic records from 1994 to today in terms of revenue (thanks to capital gains) and a largely positive net worth. Sponsorship increases are disappointing (though they will increase in the current financial year), but overall the commercial side continues to generate revenue, which, along with sponsorships, has led the Rossoneri to the top spot in the Italian league in this specific revenue category.

Milan were busy in the 2024-25 financial year when it came to transfers, and not just in the summer window before the season started. Five signings arrived during the January window too, as the management looked to ignite a push towards the top four that never came. Today's meeting at Casa Milan served to officially file the figures for the aforementioned accounts, and from it the amounts paid out and received for transfers has become fully transparent. Felice Raimondo has relayed them,

I assume that he will have to pay capital gains tax on the amount that the coins' value has increased since he and his (now deceased) wife purchased them. However, he does not remember when they bought the coins or what they paid for them. How are the capital gains treated, as income taken all in the year of sale or amortized? When he figures out when he and his wife bought them, how do we find out what they were worth at that time?

President Donald Trump reaffirmed his commitment to removing taxes on capital gains from home sales, which could significantly impact homeowners and the real estate market.

Most homeowners qualify for a capital gains exclusion of up to $250,000 (individual) or $500,000 (married couple) if they meet residency requirements.

Louisiana homeowners face potential tax bills due to outdated federal caps on home equity, with 9.8% exceeding $250,000 gains subject to taxation.

The updates to Qualified Small Business Stock rules expand the definition of a small business to include companies with less than $75 million in gross assets, up from the previous $50 million cap. This change allows founders and investors to benefit from tax-free profits much sooner.