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capital gains tax
(redirected from Capital-gains tax)

   Also found in: Financial, Encyclopedia, Wikipedia 0.01 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 nimposta sulla plusvalenza


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The three ruling coalition parties -- the LDP, the New Komeito party and the New Conservative Party -- have agreed to work out a plan under which the capital-gains tax rate would be reduced to 20% from the current 26%.
Seventy-five years after it was enacted, the federal tax on profits from the sale of stock, land or other assets - known as the capital-gains tax - is becoming largely academic to the nation's wealthiest taxpayers.
 
 
 
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