capital gains tax

English

Noun

capital gains tax (countable and uncountable, plural capital gains taxes)

  1. (taxation) A tax levied on the profit made from selling any "capital" (i.e. non-inventory) asset.
    Synonym: (initialism) CGT

Translations

This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.