capital gains tax

British  

noun

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

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Example Sentences

He tells clients in a note that a sale for A$500 million plus appropriate brand value, with only a modest capital gains tax impost, would be positively received by investors.

From The Wall Street Journal

The move by the UK's tax body is designed to ensure they pay all relevant tax on buying and selling crypto, including capital gains tax.

From BBC

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

From Salon

A spokesperson for Kensington Palace has also said that the Prince of Wales voluntarily pays the top rate of income and capital gains tax on all his personal income, including receipts from the Duchy.

From BBC

Unlike other investments, any returns are protected from income tax and capital gains tax.

From BBC