What Is a Zero Capital Gains Rate?

什么是零资本利得税率？

A zero capital gains rate implies a tax rate of 0% on capital gains. This 0% rate may be charged to individuals who sell property within a so-called "enterprise zone." Such a zone is a geographic area that has been granted special tax breaks, regulatory exemptions, or other public assistance in order to encourage private economic development and job creation. They are used most often to promote the revitalization of a city neighborhood.

零资本利得税率意味着资本利得税率为0%。这种0%的税率可能会向在所谓的“企业区”内出售房产的个人收取。该区域是一个地理区域，被授予特殊的税收减免、监管豁免或其他公共援助，以鼓励私营经济发展和创造就业机会。它们最常用于促进城市街区的复兴。

The zero capital gains rate can be applied by a given level of government in order to prompt investment in a given area.

特定级别的政府可以实施零资本利得税率，以促进特定领域的投资。

Understanding a Zero Capital Gains Rate

关于零资本利得税率

In 2004, the U.S. Congress passed, and the president approved, the Working Families Tax Relief Act. The act contains provisions that extend the 0% capital gains tax to certain properties being sold within certain enterprise zones. Enterprise zones were introduced in the U.S. in the 1970s in an effort to reverse the flight of people and businesses from urban centers to the suburbs. The programs may be used to encourage a private company to stay in a neighborhood, expand in it, or relocate to it.

2004年，美国国会通过、总统批准了《工薪家庭减税法案》。该法案包含一些条款，将0%的资本利得税扩大适用于在某些企业区内出售的某些房产。美国在20世纪70年代推出了企业区，旨在扭转人口和企业从市中心向郊区流动的趋势。这些项目可以用来鼓励私营公司留在社区内，在社区内扩张或搬迁至社区内。

The logic behind this act is to give an incentive to individuals to invest in this area. The rate is not exclusive to any one region, state, or municipality. Legislators looking to create jobs and draw investment into a community frequently enact a zero capital gains tax rate, or institute other tax-related incentives in that area.

这一法案背后的逻辑是鼓励个人在这一领域进行投资。该税率不仅限于任何一个地区、州或自治市。寻求为社区创造就业机会和吸引投资的立法者经常颁布零资本利得税率，或在该领域实施其他与税收相关的激励措施。

A 2012 tax bill made the 0% capital gains rate permanent for most filers, provided that are either single with a taxable income under $37,950, or couples with taxable income under $75,900. Even still, some of these filers face modest tax rates of 25% to 30%, if they earn additional income that’s taxed at ordinary rates, consequently pushing their long-term gains or qualified dividend income from the 0% bracket into the 15% bracket for investment income.

2012年的一项税收法案规定，只要是应税收入低于37,950美元的单身人士或应税收入低于75,900美元的夫妇，大多数申报人的资本利得税率为0%。尽管如此，其中一些申报者面临25%至30%的适度税率，如果他们获得按普通税率征税的额外收入，那么他们的长期收益或合格股息收入将从0%的税率级提高到15%的投资收入级。

On the other hand, itemized deductions may reduce ordinary income, placing individuals beneath the 15% bracket and thus increasing the capital gains or dividends that are taxed at 0%. This helps explain why taxpayers can have high adjusted gross incomes but still face 0% taxes on their long-term capital gains.

另一方面，分项扣除可能会减少普通收入，将个人置于15%的投资收入级以下，从而增加税率为0%的资本利得或股息。这有助于解释为什么纳税人可以有很高的调整后总收入，但他们的长期资本利得仍面临0%的税率。

Example: The D.C. Enterprise Zone

示例：特区企业区

Under this program, each enterprise zone has its own particular set of rules, which may change as the legislation is extended or amended. For example, with the D.C. enterprise zone, the following mandates must be satisfied:

根据该计划，每个企业区都有自己的一套特定规则，这些规则可能会随着立法的扩展或修订而发生变化。例如，对于特区企业区，必须满足以下要求:

1.The property must have been substantially improved during that time period of ownership.

在拥有期间，该房产必须得到实质性改善。

2.The property must be been for a minimum of five years from the date of acquisition.

该房产必须从购买之日起至少使用五年。

3.At least 80% of the total gross income resulting from the property ownership must be derived from business actively conducted within the D.C. Enterprise Zone.

房产所有权产生的总收入中至少80%必须来自在特区企业区内积极开展的业务。

4.If the property in question is for commercial rental purposes, at least 50% of the rental income must come from businesses located within the D.C. enterprise zone.

如果所涉房产用于商业租赁，至少50%的租金收入必须来自位于特区企业区内的企业。

5.The original use of the property must commence with the taxpayer; this requirement is deemed to be met if substantial improvements have been made to the property.

房产的原始用途必须从纳税人开始；如果对房产进行了实质性的改善，则视为符合这一要求。

High Interest Rates Are a Boon for Income Investing

高利率有利于收益投资

For income-focused investors looking beyond treasury bills and high-yield savings, the Fundrise Income Fund offers a portfolio of $500M+ worth of cash-flowing assets aimed at producing strong quarterly dividends. Interested in investing? Learn more at Fundrise.com/Income. Before investing, consider the Fund's objectives, risks, charges, and expenses. Prospectus available at Fundrise.com/Income.

对于关注收益的投资者而言，除了美国国债和高收益储蓄以外，Fundrise Income基金还提供价值5亿美元以上的现金流资产组合，旨在产生强劲的季度股息。对投资感兴趣吗？请点击Fundrise.com/Income了解更多信息。在投资之前，需要考虑基金目标、风险、费用和支出。招股说明书见Fundrise.com/Income。

（英文来源：Investopedia）