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capital gains tax

British  

noun

  1. 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

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We do not know whether it is mostly from his Duchy income nor do we know how much is income tax or capital gains tax.

From BBC ● Jun. 26, 2026

King Charles is not legally required to pay income tax, capital gains tax, or inheritance tax.

From BBC ● Jun. 26, 2026

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

The difference is subject to the capital gains tax.

From Los Angeles Times ● Mar. 19, 2026

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