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capital gains tax

   Also found in: Financial, Acronyms, Encyclopedia, Wikipedia 0.02 sec.
capital gains tax
n
(Economics) a tax on the profit made from the sale of an asset Abbreviation CGT
ThesaurusLegend:  Synonyms Related Words Antonyms
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 n → imposta sulla plusvalenza
capital gains tax n → imposta sulla plusvalenza


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In May 2006, the government eliminated the capital gains tax on publicly-traded stocks and bonds donated to charity.
Give and take by Kumove, Leon / Community Action
The capital gains tax from the sale can be deferred until the replacement property is later disposed of.
Trading spaces: the 1031 Exchange is a handy tool for building a real ... by Brinkley, Rene / Black Enterprise
amp;nbsp;   I am not very knowledgeable on taxes, but I believe the difference between ordinary income tax rate and capital gains tax rate for our corporation may be a 35% to 45% difference which will eat up a large part of the profit from the investment.
Moneywise by Top Producer
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