WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

	Enter your search terms Submit search form
	Web www.wordnet-online.com

Definitions from WordNet

Definitions from the Web

Term: Capital gains tax

Description:

Capital gains tax refers to a tax levied on the profits or gains realized from the sale or exchange of certain types of assets, such as stocks, real estate, or precious metals. It is typically imposed on the difference between the purchase price and the selling price of the asset, aiming to tax the appreciation in value.

Sample Sentences:

Noun - General:

1. The government has implemented a new capital gains tax law.
2. Investors need to be aware of the potential capital gains tax implications when selling their assets.

Noun - Investment:

1. John sold his shares of stock and had to pay a hefty capital gains tax on the profit.
2. Before selling your property, consult with a tax advisor to understand the capital gains tax implications.

Noun - Real Estate:

1. When selling a house, it's crucial to calculate the capital gains tax on the sale price.
2. Homeowners may be eligible for certain exemptions or deductions when it comes to capital gains tax on real estate.

Related Products:

To explore books and resources related to capital gains tax, you can check out the following links on Amazon:

• Capital Gains Tax Guide
• Real Estate Capital Gains Tax - Strategies and Insights
• Investing and Capital Gains Tax - Maximizing Profits