assets
A new US proposal suggests that Ukraine could have tens of billions of euros through issuing a bond or a loan, secured against frozen Russian assets held in the EU, reported the Financial Times. The war is now in its third year without a clear end in sight. Kyiv is in need of an additional €34.45 billion to finance its defence in 2024. While EU leaders have recently agreed on €50 billion of financial support for Ukraine until 2027, additional US and EU aid is getting increasingly hard to push through, therefore western officials are on the lookout for generating more funds for Ukraine, using t...
Euronews (English)
Capital gains tax is a tax which is applied on the sale of capital assets, or assets which are not part of usual inventory. These usually include things such as bonds, stocks, real estate, cryptocurrency, vehicles, jewellery and more. Usually, you only have to pay capital gains tax on an asset once it is sold. Long-term capital taxes are usually applied on gains made from investments held for over a year. On the other hand, short-term gains, on assets which are owned for a year or less, are taxed at the owner’s normal income tax rate. This ends up being higher than the capital gains tax on lon...
Euronews (English)
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