Wealth Proceeds Tax Amendment Act of 2026 imposes a 3% tax on wealth holdings of high-income households in the District of Columbia.
The Wealth Proceeds Tax Amendment Act of 2026 amends Chapter 18 of Title 47 of the District of Columbia Official Code to establish a surcharge on proceeds or profits generated by wealth holdings of high-income households. The act imposes a 3% tax on the lesser of wealth proceeds or federal modified adjusted gross income, less a threshold amount. The tax applies to individuals, estates, and trusts.
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