capital gains tax

noun

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

Example Sentences

It suggests reforms to property tax and capital gains tax as "good places to start".

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The party also wants to slash rates of capital gains tax due when cryptocurrencies are sold, and allow people to pay taxes in Bitcoin and "other approved crypto".

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They also want to see capital gains tax, levied when assets are sold, increased to bring it into line with rates of income tax.

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When Glenn asked the president whether he would eliminate capital gains taxes on home sales — one of Greene’s pet policy proposals — it wasn’t an inquiry; it was a plant.

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One report suggested the government was considering taxing the money people make when they sell their main home in certain circumstances - this would mean changing the capital gains tax rules.

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