capital gains tax

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capital gains tax

n
(Economics) a tax on the profit made from the sale of an asset. Abbreviation: CGT
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.capital gains tax - a tax on capital gains; "he avoided the capital gains tax by short selling"
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government
Translations

capital gains tax

nimposta sulla plusvalenza
References in periodicals archive ?
In addition, says AFBF, the capital gain tax also "increases the likelihood that farm and ranch land will be sold outside of agriculture for commercial uses to investors who are willing to pay more, causing agricultural land and open space to be lost forever.
This finding is consistent with Reese's IPO study but contrasts with my work with Lang where we found no evidence of a sell-off when capital gain tax rates were reduced unexpectedly in 1997.
2003-56 apprises certain entities with fiscal years beginning in 2002 and ending after May 5, 2003, of the additional reporting requirements mandated by the Jobs and Growth Tax Relief Reconciliation Act of 2003's (JGTRRA's) changes in the capital gain tax rates.
The Taxpayer Relief Act of 1997 created a reduced 18% capital gain tax rate for capital assets acquired after 2000 and held for five years.
The Federal Tax articles in the December 2000 and March/April 2001 issues of California CPA, Pages 27 and 32, respectively, discussed the reduced capital gain tax rates available for sales and exchanges of certain capital assets after 2000.