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I recently saw a reference to a new long, long term cap. gain rate for investments held at least 5yr. Is there a new ruling and what are the requirements?

Thanks for the help,
Mawhinney
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No. of Recommendations: 0
I recently saw a reference to a new long, long term cap. gain rate for investments held at least 5yr. Is there a new ruling and what are the requirements?

It was added to the law some time ago, with a 1/1/2001 effective date, and you can read about it in the "Super Foolish" rates article in the Investment Issues section of the FAQ.

TMF ExRO
Phil Marti
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