The specific requirements for licensing depend on the state where you live, so be sure to check state law's in the area where you plan to practice. In many cases, you will be required to complete a specific period of supervised residency work (often one to two years) after earning your graduate degree. Finally, you will then need to pass the required exams, which may include both oral and written components.
Capital Gains Tax. Any profit you enjoy from the sale of a stock held for at least a full year is taxed at the long-term capital gains rate, which is lower than the rate applied to your other taxable income. Itâs 15% if you are in a 25% or higher tax bracket and only 5% if you are in the 15% or lower tax bracket.
A corporate tax is a tax imposed on the net profit of a corporation that are taxed at the entity level in a particular jurisdiction. Net profit for corporate tax is generally the financial statement net profit with modifications, and may be defined in great detail within each country's tax system. Such taxes may include income or other taxes.