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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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The SpaceX IPO and planned initial public offerings of OpenAI and Anthropic could generate millions in capital gains tax revenue for the state over years as shareholders cash out.

From Los Angeles Times Jun. 29, 2026

In his first major proposal, Streeting is suggesting reforms to capital gains tax, which is a levy on the profit made after selling an asset, such as property.

From BBC May 21, 2026

Huw McKay, economist and visiting fellow at the Australian National University, said the changes to capital gains tax and negative gearing “could be the start of something bigger.”

From The Wall Street Journal May 12, 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

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