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capital gains tax

noun

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


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Example Sentences

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Answer: Any home sale is potentially subject to capital gains taxes.

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How do I document the improvements for the capital gains tax calculation?

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You mentioned that selling these funds can trigger capital gains tax.

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And there will also be an increase to capital gains tax on share sales and a freeze on inheritance tax thresholds.

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He argued he could pay capital gains tax on it at a rate of 10% rather than income tax and national insurance at a top rate of 52%.

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