If you sell a domain name you have owned for 13 years do you pay capital gains taxes on thoses monies?
September 12th, 2009 | by xkwq3606 |
irelandboundaries asked:
If not what taxes would you pay and if you sell the domain next year (2008) are you exempt from CGT under the rule that if you fall into the 10% to !5% tax bracket you pay no CGT in 2008. This would be in the United States.
Obviously we would make a profit from the sale of the domain name.
Katherine
If not what taxes would you pay and if you sell the domain next year (2008) are you exempt from CGT under the rule that if you fall into the 10% to !5% tax bracket you pay no CGT in 2008. This would be in the United States.
Obviously we would make a profit from the sale of the domain name.
Katherine
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