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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations

capital gains tax

nimposta sulla plusvalenza
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in periodicals archive ?
The bill seeks to amend the Capital Tax Act (Cap.53:02) to, among others, align the Transfer Duty Act with respect to exemptions under the two pieces of legislation.
12 of 2018 and the report and discussion of the draft law on the rights of martyrs of Speicher air base crime, the report and discussion of approval of tax and prevention of financial evasion in relation to the income and capital tax between the governments of Iraq and the United Arab Emirates.
The President also approved an agreement between the UAE and Iraq to avoid double taxation and the prevention of fiscal evasion with respect to taxes on income, capital tax and its attached protocol signed in Abu Dhabi on October 3, 2017.
Finally, in stage 3, after observing the different investment levels, each jurisdiction simultaneously chooses its capital tax rate.
Measures include an increased capital tax gain on house sales and stronger requirements for loan-to-value ratios and debt-to-income ratios in certain areas (including Seoul)," it said in its report.
By BRIAN NGUGIThe Kenya Revenue Authority is likely to miss its revenue targets in the current financial year on the back of depressed income and corporation tax.Researchers at Genghis noted capital tax collection in the first half of this financial year rose by a modest 6.
Like many mainstream economists, Furman regards capital taxation as inherently inefficient, and a switch to full expensing would amount to cutting the capital tax rate to zero.
The first question anyone contemplating a sale should ask is whether that sale will give rise to any capital tax consequences (inheritance, capital gains or corporation tax).
Misr for Central Clearing,DepositoryandRegistry(MCDR) sent files that include capital tax dues on the shares of companies that are not listed in the Egyptian Exchange (EGX) to the Egyptian Tax Authority, managing director and vice chairperson Tarek Abdelbary said.
Therefore, the planner can afford to reduce both public capital and capital tax in revenue-raising--the level effect.
\"Capital tax gain on property is raised to 7 per cent for one to two years and 5 per cent for 2 to 3 years of ownership,\" said Ishaq Dar.