capital gains tax

British

noun

CGT. a tax on the profit made from the sale of an asset

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Jones warns that current high stock valuations make long-term gains “really hard” and a 35% market tumble could zero out capital gains tax revenue.

From Barron's • Apr. 29, 2026

Because she was filing as a single person, her capital gains tax exclusion dropped to $250,000 from $500,000.

From The Wall Street Journal • Apr. 25, 2026

As Ed Kleinbard, the late taxation guru at USC, was fond of pointing out, the capital gains tax is our only truly voluntary tax.

From Los Angeles Times • Mar. 19, 2026

In selling those shares, wouldn’t they have to pay a capital gains tax?

From Salon • Dec. 28, 2025

This covered her personal position in relation to council tax, stamp duty land tax, capital gains tax and inheritance tax.

From BBC • Sep. 5, 2025

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023