Capital gain tax

Posted In CategoryProperty Info
  • K
    Kamal 2 years ago

    What is CGT?

  • A
    Asad 2 years ago

    Capital Gains Tax is a tax on the profit when you sell something that's increased in value.

  • A
    Adeel123 2 years ago

    A capital gains tax is a type of tax levied on capital gains, profits an investor realizes when he sells a capital asset for a price that is higher than the purchase price.

  • I
    Innyas 2 years ago

    Capital gains tax (CGT) becomes payable when you sell an asset such as a business, a second property, shares and make money from the sale.

  • Z
    Zaroon 2 years ago

    Capital Gains Tax (CGT) is a tax charged on the capital gain (profit) made on the disposal of any asset. It is payable by the person making the disposal.

  • A
    Asama 2 years ago

    Capital gains tax CGT is the levy that a person or institution pays for making a profit on a stock trade.

  • W
    Waris 2 years ago

    Profit and gain arising from the disposal of capital assets is taxable under the head Capital gains.

  • H
    Haneef 2 years ago

    Capital gains tax has to be paid on items which are sold at a substantial profit.

  • M
    Mahintahir 2 years ago

    It is payable by the person making the disposal. The gain/profit (the difference between the price you paid for the asset and the price you sold it for) is considered taxable income.

  • S
    Subhan 2 years ago

    A capital gains tax is a tax on capital gains, the profit realized on the sale of a non-inventory asset that was greater than the amount realized on the sale. 

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