Long-term Capital Gain (or Loss)

Categories: Finance,

When you sell a capital asset that you have owned for more than a year at a higher price than you paid to buy it, any profit on the sale is considered a long-term capital gain. If you sell for less than you paid to purchase the asset, you have a long-term capital loss.Unlike short-term gains, which are taxed at your income tax rate, most long-term gains on most investments, including real estate and securities, are taxed at rates lower than the rates on ordinary income. Currently, those rates are 15% if you're in the 25% tax bracket or higher, and 5% if you are in the 10% or 15% bracket.You can deduct your long-term losses from your long-term gains, and your short-term losses from your short-term gains, to reduce the amount on which potential tax may be due. You may also be able to deduct up to $3,000 in accumulated long-term losses from your ordinary income and carry forward losses you can't use in one tax year to deduct in the next tax year.

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Budapest Stock Exchange (BSE)

Categories: Stocks, Investing and Trading,

financial institution in Budapest, Hungary, whose "main goal is to become the financial centre and primary trading venue of Hungarian securities, and to successfully take part in the competition for issuers." Its four main activities are (1) listing services, (2) trading services, (3) dissemination of market information, and (4) product development.Four years after originally opening as the Hungarian stock exchange on January 18, 1864, in Pest, the exchange gained the Grain Hall and became the Budapest Stock and commodity exchange (BSCE). The government dissolved the BSCE after World War II, claiming its assets as state property. The BSE reopened on June 21, 1990, with forty-one members and one equity, IBUSZ, the budapest stock exchange. From 1990 until 1995, physical trading on the floor had partial electronic support. In 1995, trading on the floor and in a remote trading system became concurrent and stayed that way until November, 1998 when the MultiMarket Trading System (MMTS), which relied completely on remote trading, was put in place. By September, 1999, physical trading on the floor ceased. The BSE has been a subsidiary of the CEESEG AG holding company since January 2010.

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Long-term Capital Gain (or Loss)

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Budapest Stock Exchange (BSE)

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