S.798

Capital Gains Inflation Relief Act of 2025 adjusts certain asset bases for inflation to mitigate tax impacts.

The Capital Gains Inflation Relief Act of 2025 amends the Internal Revenue Code to index certain assets for inflation when determining gain or loss. This adjustment applies to assets held for more than three years, affecting their basis and potentially reducing tax liabilities. The bill specifies rules for various entities, including regulated investment companies, real estate investment trusts, and partnerships, ensuring the adjustments are passed through appropriately.