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 ?
Researchers at Genghis noted capital tax collection in the first half of this financial year rose by a modest 6.
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).
A large economic literature studying international capital taxation has shown that higher capital mobility can induce competitive reductions in capital tax rates as countries attempt to expand their domestic tax base.
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.
Sheikh Abdullah and Mokuy also signed several agreements between the UAE and Equatorial Guinea on promoting and protecting investments, avoidance of dual taxation, prevention of the evasion of income tax and capital tax, as well as air services.
Therefore, the planner can afford to reduce both public capital and capital tax in revenue-raising--the level effect.
This research note addresses the relationship between the effective capital tax rate and capital tax revenues.
Qualified New York manufacturers are still subject to tax on the higher of either the capital tax base or minimum tax base.
The increased income from the gain capital tax and the freelance contributions support the state treasury from the beginning of this year, shows the most recent report on the budget in the first quarter, published by the Ministry of Finance.
In the case of Spain, the treaty covers the income tax on individuals, the corporation tax, the income tax on non-residents and capital tax.
Having joined GE in 2008, Gosk has held a series of leadership roles in tax for GE Capital and most recently served as GE Capital tax director; Mock joined GE in 1999 and has served in many leadership roles in finance for GE Corporate Finance, GE Capital and GE Aviation and most recently was senior executive, finance for GE Oil & Gas; Thakkar since 1994 has held a series of leadership roles in engineering, Six Sigma, manufacturing, sourcing and supplier quality for GE Consumer & Industrial, GE Energy Services and GE Energy Management.
If you sell a stock or mutual fund privately, you are taxed on 50% of the capital gains But in 2006, the federal government amended the tax law, eliminating the capital tax on gifts of publicly traded securities donated directly to charity as a gift-in-kind.